Cost of Living in Hudson Falls, NY

Population 7,401 · New York · Data vintage 2023

58
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Hudson Falls 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. At 6.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Hudson Falls is about 45 miles north of Albany, the nearest large metro. Median home values run roughly 29% lower than Albany's $223,000.

Cost Overview

Housing 52
Rent 67

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

About the Cost of Living in Hudson Falls

The median home value in Hudson Falls is $158,700 — 48% below the national median of $305,000. Median rent runs $876/month, 33% lower than the national median of $1,314/month. The median household income of $62,237/year is 17% lower than the US median of $74,580. The local unemployment rate is 6.1%, 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 56.9°F and lows of 34.5°F. Overall, Hudson Falls has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.

🏠 Housing

Median Home Value
$158,700
48% below avg
Zillow Home Value
$225,558
Zillow ZHVI
Median Rent
$876/mo
33% below avg
Price-to-Rent Ratio
15.1x
Favors buying
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 60.8%
Renter-occupied 39.2%

💰 Estimated Monthly Budget

Rent median rent
$876
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,490/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
20.4 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.3%

Commute Mode

Drove alone
79.7%
Carpooled
11.4%
Walked
1.8%
Work from home
4.3%

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
$62,237
17% below avg
Per Capita Income
$31,705
Unemployment Rate
6.1%
26% above avg
Poverty Rate
13.6%
Labor Force Participation
65.7%

🎓 Education

Bachelor's degree+ 12.5%
Graduate degree 3.6%

👥 Demographics

Median Age 43
Male median age 36.9
Female median age 50.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.9°F
Avg Low
34.5°F
Annual Precip
38.2"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303343576977828072594735
Low °F 101121334453585648372818
Precip" 2.561.952.793.103.353.724.263.483.303.683.013.01

🏫 Schools

NCES CCD 2019 — public school district data

82%
4-Year Graduation Rate
12.5:1
Student-teacher ratio
5
Public schools
2,407
Total enrollment

Frequently Asked Questions

What is the cost of living in Hudson Falls, NY?

Hudson Falls has a cost index of 58 (100 = national average). It is 42% below the national average.

What is average rent in Hudson Falls, NY?

The median gross rent in Hudson Falls is $876 per month based on 2023 Census data.

What is the average home price in Hudson Falls?

The median home value in Hudson Falls is $158,700 according to Zillow and Census data.

What is the median income in Hudson Falls?

The median household income in Hudson Falls is $62,237 per year (2023 ACS 5-year estimates).

What is the sales tax in Hudson Falls, NY?

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

Is Hudson Falls, NY affordable?

Yes, Hudson Falls is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.

What is the weather like in Hudson Falls?

Hudson Falls has average high temperatures of 56.9°F and average lows of 34.5°F. Annual precipitation is 38.2". Data from NOAA 1991–2020 Climate Normals.

Hudson Falls at a Glance

Population
7,401
Median Income
$62,237
Home Value
$158,700
Median Rent
$876/mo
Unemployment
6.1%
Avg High Temp
56.9°F
Sales Tax
8.5%
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Explore county-level cost of living data

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