Overall 1%
Goods & Services 9%
Housing 21%
Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexWatervlietNew YorkNational
Cost of living99118100
Goods & Services109110100
Health care104100100

Key findings

  • The cost of living in Watervliet is 16% lower than the New York average
  • The cost of living in Watervliet is 1% lower than the national average
  • Watervliet housing is 21% lower than the national average
  • New York general sales tax is 21% lower than the national average
  • New York state income tax is 62% higher than the national average

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Compare Watervliet, NY Cost of Living

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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
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      A good indicator of the general affordability of housing in Watervliet, 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 Watervliet, the median monthly income is $68,606 for those who own their own homes. Under the standard rule, that income level would allow for $1,601 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $36,672, per the median income in the area. That would allow for renters to spend up to $856 on monthly rental expenses.

      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

      ItemWatervlietNational avg.Difference
      Haircut $21.64$18.6216.2%
      Beauty Salon $45.78$39.0517.2%
      Toothpaste $2.41$2.342.8%
      Shampoo $1.06$1.060.3%
      Movie $14.09$10.6831.8%
      Bowling $17.00$14.6715.9%


      ItemWatervlietNational avg.Difference
      Ground Beef $3.60$4.2214.6%
      Fried Chicken $1.56$1.3912.3%
      Milk $2.44$2.0519.2%
      Potatoes $3.46$3.295.1%
      Pizza $10.52$10.621.0%
      Beer $9.93$9.385.9%

      Health Care

      ItemWatervlietNational avg.Difference
      Optometrist $142.69$108.5731.4%
      Doctor $102.25$116.1712.0%
      Dentist $110.33$99.1311.3%
      Ibuprofen $9.29$9.684.0%
      Lipitor $498.40$466.926.7%


      ItemWatervlietNational avg.Difference
      Home Price $139,000.00$184,700.0024.7%
      Avg. Mortgage Payment $1,452.96$1,197.4221.3%
      Apartment Rent $847.00$949.0010.7%


      ItemWatervlietNational avg.Difference
      Gasoline $2.36$2.226.2%
      Tire Balancing $48.79$50.072.6%


      ItemWatervlietNational avg.Difference
      All Electricity$163.41$167.672.5%
      Phone $188.21$175.647.2%
      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.
      Schenectady, NY65,55496-4%
      Green Island, NY2,61397-3%
      Scotia, NY7,73298-2%
      Rensselaer, NY9,43599-1%
      Schaghticoke, NY53799-1%
      Watervliet, NY10,20799-1%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Oil City, PA10,20784-16%
      Sedona, AZ10,20913434%
      Bel Air, MD10,21111111%
      Little Canada, MN10,2021066%
      Alpena, MI10,21382-18%
      Watervliet, NY10,20799-1%
      Source: The Watervliet, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.