Hudson Falls cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexHudson FallsNew YorkNational
Cost of living index100122100
IndexHudson FallsNew YorkNational
Goods & Services index118112100
Groceries index99103100
Health care index101104100
Housing index77149100
Transportation index115122100
Utilities index96102100
A general overview of the cost of living index for Hudson Falls, NY is displayed above. In Hudson Falls, NY, the overall cost of living index is 100, which is 18% lower than the New York average and equal to the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Hudson Falls, NY, the city's goods and services are 5% higher than the New York average and 18% higher than the U.S. average.

Did you know?

  • The cost of living in Hudson Falls is 18% lower than the New York average.
  • The cost of living in Hudson Falls is equal to the national average.
  • The cost of housing in Hudson Falls is 23% lower than the national average.
  • New York general sales tax is 21% lower than the national average.
  • New York state income tax is 80% higher than the national average.

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Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Hudson Falls, NY to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Hudson Falls, NY, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Hudson Falls, NY salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Hudson Falls, NY as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Hudson Falls, NY homeowners, the median income is $58,004. This indicates that a monthly maximum of $1,353 should be spent by homeowners on all housing related costs. Renters have a median income of $25,848. This indicates that renters should have a maximum of $603 used for their rent related monthly costs.

New York Sales Tax

StateGeneral Sales TaxWith Max Surtax
New York4%8.875%

New York Income Tax

StateIncome Tax (Low)Income Tax (High)
New York4%8.82%
When you are determining the total cost of living in Hudson Falls, NY you will want to make sure you consider both the New York sales tax and the New York income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in New York is 4%, with the highest surtax being 8.875%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in New York have a range from 4% to 8.82%.

Goods & Services

ItemHudson FallsNational avg.Difference
Haircut $15.40$14.595.5%
Beauty Salon $38.00$34.689.6%
Toothpaste $1.73$2.4730.1%
Shampoo $0.99$1.023.1%
Movie $11.35$9.8715.0%
Bowling $3.98$4.399.4%


ItemHudson FallsNational avg.Difference
Ground Beef $4.23$4.485.5%
Fried Chicken $1.41$1.463.7%
Milk $2.35$2.360.3%
Potatoes $3.79$3.0623.8%
Pizza $8.49$9.248.1%
Beer $9.69$8.6312.2%

Health Care

ItemHudson FallsNational avg.Difference
Optometrist $92.40$99.787.4%
Doctor $103.80$105.031.2%
Dentist $96.20$88.708.5%
Ibuprofen $9.23$9.411.9%
Lipitor $282.61$298.505.3%


ItemHudson FallsNational avg.Difference
Home Price $135,000.00$175,700.0023.2%
Avg. Mortgage Payment $1,315.97$1,081.0321.7%
Apartment Rent $722.00$920.0021.5%


ItemHudson FallsNational avg.Difference
Gasoline $2.48$2.0918.4%
Tire Balancing $47.98$45.296.0%


ItemHudson FallsNational avg.Difference
All Electricity$174.50$170.802.2%
Phone $24.95$28.2611.7%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Fort Edward, NY3,32697-3%
Salem, NY83398-2%
Warrensburg, NY3,22699-1%
Argyle, NY31899-1%
Fort Ann, NY57199-1%
Hudson Falls, NY7,2661000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Woodlake, VA7,26611212%
Tallulah, LA7,26778-22%
Delphos, OH7,26788-12%
Chehalis, WA7,26598-2%
Ashland, VA7,2641011%
Hudson Falls, NY7,2661000%
Source: The Hudson Falls, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.