Cost of Living in Chestnut Ridge, NY

Population 10,464 · New York · Data vintage 2023

219
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Chestnut Ridge run well above the national baseline, with a median of $668,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $113,750 place the city among the better-paid New York metros.

Located 13 miles northeast of Paterson, Chestnut Ridge falls within that metro's commuting orbit. Median home values run roughly 99% higher than Paterson's $335,000.

Cost Overview

Housing 219

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

About the Cost of Living in Chestnut Ridge

The median home value in Chestnut Ridge is $668,000 — 119% above the national median of $305,000. The median household income of $113,750/year is 53% higher than the US median of $74,580. The local unemployment rate is 3.3%, 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 64.0°F and lows of 46.7°F. Overall, Chestnut Ridge has a cost of living index of 219 versus the US average of 100, meaning it is 119% more expensive.

🏠 Housing

Median Home Value
$668,000
119% above avg
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 78.2%
Renter-occupied 21.8%

🛒 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
32.7 min
21% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.3%

Commute Mode

Drove alone
60.4%
Carpooled
7.6%
Public transit
7.9%
Walked
2.5%
Work from home
17.3%

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
$113,750
53% above avg
Per Capita Income
$40,804
Unemployment Rate
3.3%
32% below avg
Poverty Rate
6.1%
Labor Force Participation
62.0%

🎓 Education

Bachelor's degree+ 18.0%
Graduate degree 22.0%

👥 Demographics

Median Age 26.8
Male median age 25.5
Female median age 28.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.0°F
Avg Low
46.7°F
Annual Precip
46.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637382878578675645
Low °F 262734445363696760483831
Precip" 3.282.824.093.973.944.254.454.254.113.733.304.10

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
79.3%
Good air days/yr
197
Max AQI recorded
141
PM2.5 days
222
Ozone days

Frequently Asked Questions

What is the cost of living in Chestnut Ridge, NY?

Chestnut Ridge has a cost index of 219 (100 = national average). It is 119% above the national average.

What is the average home price in Chestnut Ridge?

The median home value in Chestnut Ridge is $668,000 according to 2023 Census ACS data.

What is the median income in Chestnut Ridge?

The median household income in Chestnut Ridge is $113,750 per year (2023 ACS 5-year estimates).

What is the sales tax in Chestnut Ridge, NY?

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

Is Chestnut Ridge, NY affordable?

Chestnut Ridge is above average in cost of living, with an index of 219 — about 119% higher than the national average.

What is the weather like in Chestnut Ridge?

Chestnut Ridge has average high temperatures of 64.0°F and average lows of 46.7°F. Annual precipitation is 46.3". Data from NOAA 1991–2020 Climate Normals.

Chestnut Ridge at a Glance

Population
10,464
Median Income
$113,750
Home Value
$668,000
Unemployment
3.3%
Avg High Temp
64.0°F
Sales Tax
8.5%
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Explore county-level cost of living data

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