Cost of Living in Malone, NY

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A+
9%
Overall NAT. AVG.
7%
Groceries NAT. AVG.
42%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Malone New York National
Cost of living91121100
Groceries107106100
Health care105110100
Housing58144100
Transportation106113100
Utilities106112100
Lifestyle & Entertainment105111100
Household Items103106100
Education & Childcare103118100
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Homes For Sale In Malone, NY

property for sale

19 South St

Malone, NY
property for sale

11 Howard Ave

Malone, NY
property for sale

49 Front St

Malone, NY
property for sale

57 Wellington St

Malone, NY

Cost Of Living Quick Facts

  • The cost of living in Malone is 24% lower than the New York average
  • The cost of living in Malone is 9% lower than the national average
  • Malone housing is 42% lower than the national average
  • New York general sales tax is 22% lower than the national average
  • New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Malone

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$99,174$8,265$2,314$2,976
      Renters$34,892$2,908$814$1,047
      A good indicator of the general affordability of housing in Malone, NY, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Malone, the median monthly income is $99,174 for those who own their own homes. Under the standard rule, that income level would allow for $2,314 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $34,892, per the median income in the area. That would allow for renters to spend up to $814 on monthly rental expenses.

      New York Sales Tax

      State General Sales Tax With Max Surtax
      New York 4% 8.875%

      New York Income Tax

      State Income Tax (Low) Income Tax (High)
      New York 4% 10.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      St. Regis Falls, NY3608712.9%
      Brushton, NY5289010.4%
      Fort Covington Hamlet, NY1,3699010.2%
      Burke, NY244918.7%
      Chateaugay, NY927927.6%
      Malone, NY5,771918.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Oxford, PA5,7701065.9%
      Edinboro, PA5,772973.5%
      Wayne, NE5,7699010.3%
      Edgerton, WI5,773954.8%
      Brokenhead, MB5,768n/a 
      Malone, NY5,771918.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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