Redwood 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.
IndexRedwoodNew YorkNational
Cost of living index92120100
IndexRedwoodNew YorkNational
Goods & Services index103110100
Groceries index96105100
Health care index9999100
Housing index61149100
Transportation index101111100
Utilities index124102100

Did you know?

  • The cost of living in Redwood is 24% lower than the New York average.
  • The cost of living in Redwood is 8% lower than the national average.
  • The cost of housing in Redwood is 39% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$36,780$3,065$858$1,104
Renters$36,964$3,080$862$1,109

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%

Goods & Services

ItemRedwoodNational avg.Difference
Haircut $11.89$15.5623.6%
Beauty Salon $23.76$36.1134.2%
Toothpaste $2.11$2.4714.5%
Shampoo $0.96$0.961.0%
Movie $9.48$10.136.3%
Bowling $4.06$4.7414.3%

Groceries

ItemRedwoodNational avg.Difference
Ground Beef $3.67$3.987.8%
Fried Chicken $1.41$1.410.1%
Milk $2.14$2.063.8%
Potatoes $3.52$2.9818.0%
Pizza $9.67$9.472.0%
Beer $9.03$8.792.7%

Health Care

ItemRedwoodNational avg.Difference
Optometrist $119.86$101.0418.6%
Doctor $109.25$107.441.7%
Dentist $85.05$90.425.9%
Ibuprofen $8.94$9.283.6%
Lipitor $415.04$426.502.7%

Housing

ItemRedwoodNational avg.Difference
Home Price $59,400.00$175,700.0066.2%
Avg. Mortgage Payment $1,074.41$1,133.235.2%
Apartment Rent $1,160.00$920.0026.1%

Transportation

ItemRedwoodNational avg.Difference
Gasoline $2.09$1.994.7%
Tire Balancing $42.21$45.767.8%

Utilities

ItemRedwoodNational avg.Difference
All Electricity$138.90$163.8115.2%
Phone $50.41$28.3977.6%
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.
Hammond, NY37787-13%
Oxbow, NY8588-12%
Depauville, NY95992-8%
Alexandria Bay, NY1,00192-8%
Antwerp, NY54094-6%
Redwood, NY52992-8%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Francis Creek, WI52987-13%
Potters Hill, NC52988-12%
Ephesus, GA52985-15%
Mountain Park, GA5291099%
Freeman, MO52987-13%
Redwood, NY52992-8%
Source: The Redwood, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.