Cost of Living in Balmville, NY
Population 3,725 · New York · Data vintage 2023
(100 = US avg)
Balmville sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Located 40 miles northwest of Stamford, Balmville falls within that metro's commuting orbit. Median home values run roughly 41% lower than Stamford's $614,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Balmville
The median home value in Balmville is $359,600 — 18% above the national median of $305,000. Median rent runs $1,671/month, 27% higher than the national median of $1,314/month. The median household income of $107,204/year is 44% higher than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 61.1°F and lows of 39.9°F. Overall, Balmville has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.
Balmville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 39 | 48 | 61 | 71 | 80 | 85 | 83 | 75 | 63 | 51 | 41 |
| Low °F | 18 | 20 | 27 | 38 | 48 | 57 | 62 | 61 | 53 | 41 | 32 | 24 |
| Precip" | 2.82 | 2.21 | 3.09 | 3.62 | 3.47 | 3.91 | 3.78 | 4.28 | 4.33 | 3.73 | 3.27 | 3.39 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Balmville, NY?
Balmville has a cost index of 122 (100 = national average). It is 22% above the national average.
What is average rent in Balmville, NY?
The median gross rent in Balmville is $1,671 per month based on 2023 Census data.
What is the average home price in Balmville?
The median home value in Balmville is $359,600 according to 2023 Census ACS data.
What is the median income in Balmville?
The median household income in Balmville is $107,204 per year (2023 ACS 5-year estimates).
What is the sales tax in Balmville, NY?
The combined state and local sales tax rate in Balmville is 8.5%. The New York state income tax top rate is 10.9%.
Is Balmville, NY affordable?
Balmville is above average in cost of living, with an index of 122 — about 22% higher than the national average.
What is the weather like in Balmville?
Balmville has average high temperatures of 61.1°F and average lows of 39.9°F. Annual precipitation is 41.9". Data from NOAA 1991–2020 Climate Normals.
Balmville at a Glance
- Population
- 3,725
- Median Income
- $107,204
- Home Value
- $359,600
- Median Rent
- $1,671/mo
- Unemployment
- 4.9%
- Avg High Temp
- 61.1°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
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