Cost of Living in Malone, NY
Population 5,466 · New York · Data vintage 2023
(100 = US avg)
Malone 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.
Located 155 miles north of Albany, Malone is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 54% lower than Albany's $223,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Malone
The median home value in Malone is $103,500 — 66% 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 $59,489/year is 20% lower than the US median of $74,580. The local unemployment rate is 3.0%, 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 54.6°F and lows of 33.6°F. Overall, Malone has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.
Malone 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 | 25 | 28 | 38 | 54 | 68 | 76 | 81 | 79 | 71 | 58 | 45 | 32 |
| Low °F | 6 | 7 | 19 | 32 | 44 | 53 | 58 | 56 | 48 | 37 | 27 | 16 |
| Precip" | 2.11 | 1.58 | 2.04 | 2.91 | 3.14 | 3.71 | 3.46 | 3.36 | 3.50 | 3.43 | 2.59 | 2.09 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Malone, NY?
Malone has a cost index of 45 (100 = national average). It is 55% below the national average.
What is average rent in Malone, NY?
The median gross rent in Malone is $793 per month based on 2023 Census data.
What is the average home price in Malone?
The median home value in Malone is $103,500 according to 2023 Census ACS data.
What is the median income in Malone?
The median household income in Malone is $59,489 per year (2023 ACS 5-year estimates).
What is the sales tax in Malone, NY?
The combined state and local sales tax rate in Malone is 8.5%. The New York state income tax top rate is 10.9%.
Is Malone, NY affordable?
Yes, Malone is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.
What is the weather like in Malone?
Malone has average high temperatures of 54.6°F and average lows of 33.6°F. Annual precipitation is 33.9". Data from NOAA 1991–2020 Climate Normals.
Malone at a Glance
- Population
- 5,466
- Median Income
- $59,489
- Home Value
- $103,500
- Median Rent
- $793/mo
- Unemployment
- 3.0%
- Avg High Temp
- 54.6°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
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