Cost of Living in Lake Mohegan, NY
Population 5,566 · New York · Data vintage 2023
(100 = US avg)
Lake Mohegan 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.
Geographically, Lake Mohegan sits roughly 25 miles northwest of Stamford. Median home values run roughly 21% lower than Stamford's $614,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lake Mohegan
The median home value in Lake Mohegan is $483,700 — 59% above the national median of $305,000. Median rent runs $2,685/month, 104% higher than the national median of $1,314/month. The median household income of $160,741/year is 116% higher than the US median of $74,580. The local unemployment rate is 3.8%, 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 60.6°F and lows of 43.4°F. Overall, Lake Mohegan has a cost of living index of 177 versus the US average of 100, meaning it is 77% more expensive.
Lake Mohegan 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 | 37 | 40 | 48 | 59 | 69 | 78 | 83 | 81 | 74 | 63 | 52 | 42 |
| Low °F | 22 | 24 | 31 | 40 | 50 | 59 | 65 | 64 | 57 | 46 | 36 | 28 |
| Precip" | 3.20 | 2.53 | 4.11 | 4.20 | 3.94 | 4.25 | 4.07 | 4.36 | 4.94 | 4.33 | 3.64 | 4.18 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lake Mohegan, NY?
Lake Mohegan has a cost index of 177 (100 = national average). It is 77% above the national average.
What is average rent in Lake Mohegan, NY?
The median gross rent in Lake Mohegan is $2,685 per month based on 2023 Census data.
What is the average home price in Lake Mohegan?
The median home value in Lake Mohegan is $483,700 according to Zillow and Census data.
What is the median income in Lake Mohegan?
The median household income in Lake Mohegan is $160,741 per year (2023 ACS 5-year estimates).
What is the sales tax in Lake Mohegan, NY?
The combined state and local sales tax rate in Lake Mohegan is 8.5%. The New York state income tax top rate is 10.9%.
Is Lake Mohegan, NY affordable?
Lake Mohegan is above average in cost of living, with an index of 177 — about 77% higher than the national average.
What is the weather like in Lake Mohegan?
Lake Mohegan has average high temperatures of 60.6°F and average lows of 43.4°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.
Lake Mohegan at a Glance
- Population
- 5,566
- Median Income
- $160,741
- Home Value
- $483,700
- Median Rent
- $2,685/mo
- Unemployment
- 3.8%
- Avg High Temp
- 60.6°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
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