Cost of Living in Little Falls, NY

Population 4,567 · New York · Data vintage 2023

42
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Little 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 9.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 60 miles west of Albany, Little Falls is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 59% lower than Albany's $223,000.

Cost Overview

Housing 30
Rent 60

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

About the Cost of Living in Little Falls

The median home value in Little Falls is $91,100 — 70% below the national median of $305,000. Median rent runs $793/month, 40% lower than the national median of $1,314/month. The median household income of $51,763/year is 31% lower than the US median of $74,580. The local unemployment rate is 9.3%, 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 56.0°F and lows of 37.4°F. Overall, Little Falls has a cost of living index of 42 versus the US average of 100, meaning it is 58% less expensive.

🏠 Housing

Median Home Value
$91,100
70% below avg
Zillow Home Value
$609,707
Zillow ZHVI
Median Rent
$793/mo
40% below avg
Price-to-Rent Ratio
9.6x
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 63.2%
Renter-occupied 36.8%

💰 Estimated Monthly Budget

Rent median rent
$793
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,407/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
23.2 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.7%

Commute Mode

Drove alone
84.4%
Carpooled
3.9%
Public transit
0.3%
Walked
3.3%
Work from home
6.7%

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
$51,763
31% below avg
Per Capita Income
$28,302
Unemployment Rate
9.3%
94% above avg
Poverty Rate
28.4%
Labor Force Participation
56.1%

🎓 Education

Bachelor's degree+ 10.7%
Graduate degree 8.3%

👥 Demographics

Median Age 39.2
Male median age 39.1
Female median age 39.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.0°F
Avg Low
37.4°F
Annual Precip
44"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303241556876817972594635
Low °F 141523354655605851413121
Precip" 2.652.263.023.913.884.474.184.683.474.293.633.56

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
10.1:1
Student-teacher ratio
3
Public schools
1,086
Total enrollment

Frequently Asked Questions

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

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

What is average rent in Little Falls, NY?

The median gross rent in Little Falls is $793 per month based on 2023 Census data.

What is the average home price in Little Falls?

The median home value in Little Falls is $91,100 according to Zillow and Census data.

What is the median income in Little Falls?

The median household income in Little Falls is $51,763 per year (2023 ACS 5-year estimates).

What is the sales tax in Little Falls, NY?

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

Is Little Falls, NY affordable?

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

What is the weather like in Little Falls?

Little Falls has average high temperatures of 56.0°F and average lows of 37.4°F. Annual precipitation is 44". Data from NOAA 1991–2020 Climate Normals.

Little Falls at a Glance

Population
4,567
Median Income
$51,763
Home Value
$91,100
Median Rent
$793/mo
Unemployment
9.3%
Avg High Temp
56.0°F
Sales Tax
8.5%
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🗺️ County data for New York

Explore county-level cost of living data

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