Cost of Living in Beacon, NY

Population 14,629 · New York · Data vintage 2023

134
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Beacon is a smaller New York community of around 15000 residents, where median household incomes of $93,347 and housing costs ($422,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Beacon is about 35 miles northwest of Stamford, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 31% lower than Stamford's $614,000.

Cost Overview

Housing 138
Rent 127

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Beacon

The median home value in Beacon is $422,000 — 38% above the national median of $305,000. Median rent runs $1,675/month, 27% higher than the national median of $1,314/month. The median household income of $93,347/year is 25% higher than the US median of $74,580. The local unemployment rate is 4.8%, below 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, Beacon has a cost of living index of 134 versus the US average of 100, meaning it is 34% more expensive.

🏠 Housing

Median Home Value
$422,000
38% above avg
Zillow Home Value
$534,576
Zillow ZHVI
Median Rent
$1,675/mo
27% above avg
Zillow Rent
$2,570/mo
Zillow ZORI
Price-to-Rent Ratio
21.0x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 59.5%
Renter-occupied 40.5%

💰 Estimated Monthly Budget

Rent median rent
$1,675
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,289/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
42.8 min
59% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.5%

Commute Mode

Drove alone
62.6%
Carpooled
4.6%
Public transit
8.3%
Walked
2.7%
Bicycle
0.5%
Work from home
20.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$93,347
25% above avg
Per Capita Income
$52,902
Unemployment Rate
4.8%
1% below avg
Poverty Rate
8.4%
Labor Force Participation
69.1%

🎓 Education

Bachelor's degree+ 23.6%
Graduate degree 21.2%

👥 Demographics

Median Age 41.6
Male median age 40.6
Female median age 42.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
39.9°F
Annual Precip
41.9"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 363948617180858375635141
Low °F 182027384857626153413224
Precip" 2.822.213.093.623.473.913.784.284.333.733.273.39

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 33 — Good
96%
Good air days/yr
108
Max AQI recorded
0
PM2.5 days
347
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
11.1:1
Student-teacher ratio
6
Public schools
2,875
Total enrollment

Frequently Asked Questions

What is the cost of living in Beacon, NY?

Beacon has a cost index of 134 (100 = national average). It is 34% above the national average.

What is average rent in Beacon, NY?

The median gross rent in Beacon is $1,675 per month based on 2023 Census data.

What is the average home price in Beacon?

The median home value in Beacon is $422,000 according to Zillow and Census data.

What is the median income in Beacon?

The median household income in Beacon is $93,347 per year (2023 ACS 5-year estimates).

What is the sales tax in Beacon, NY?

The combined state and local sales tax rate in Beacon is 8.5%. The New York state income tax top rate is 10.9%.

Is Beacon, NY affordable?

Beacon is above average in cost of living, with an index of 134 — about 34% higher than the national average.

What is the weather like in Beacon?

Beacon 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.

Beacon at a Glance

Population
14,629
Median Income
$93,347
Home Value
$422,000
Median Rent
$1,675/mo
Unemployment
4.8%
Avg High Temp
61.1°F
Sales Tax
8.5%
View all cities in New York →
🗺️ County data for New York

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs