Cost of Living in Nyack, NY

Population 7,469 · New York · Data vintage 2023

189
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Nyack sits 103% above the national median — $619,000 for the typical home — but median household incomes near $118,889 (59% above the US figure) soften the blow that similar pricing creates in lower-wage metros. At 8.9%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Nyack sits roughly 10 miles north of Yonkers. Median home values run roughly 30% higher than Yonkers' $478,000.

Cost Overview

Housing 203
Rent 168

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

About the Cost of Living in Nyack

The median home value in Nyack is $619,300 — 103% above the national median of $305,000. Median rent runs $2,213/month, 68% higher than the national median of $1,314/month. The median household income of $118,889/year is 59% higher than the US median of $74,580. The local unemployment rate is 8.9%, 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 60.6°F and lows of 43.4°F. Overall, Nyack has a cost of living index of 189 versus the US average of 100, meaning it is 89% more expensive.

🏠 Housing

Median Home Value
$619,300
103% above avg
Zillow Home Value
$726,492
Zillow ZHVI
Median Rent
$2,213/mo
68% above avg
Zillow Rent
$2,419/mo
Zillow ZORI
Price-to-Rent Ratio
23.3x
Favors renting
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 35.2%
Renter-occupied 64.8%

💰 Estimated Monthly Budget

Rent median rent
$2,213
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,827/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
37.5 min
39% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.5%

Commute Mode

Drove alone
57.2%
Carpooled
6.0%
Public transit
13.1%
Walked
3.7%
Work from home
17.5%

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
$118,889
59% above avg
Per Capita Income
$72,618
Unemployment Rate
8.9%
85% above avg
Poverty Rate
6.5%
Labor Force Participation
72.5%

🎓 Education

Bachelor's degree+ 27.6%
Graduate degree 34.1%

👥 Demographics

Median Age 39.6
Male median age 37.3
Female median age 42.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.6°F
Avg Low
43.4°F
Annual Precip
47.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374048596978838174635242
Low °F 222431405059656457463628
Precip" 3.202.534.114.203.944.254.074.364.944.333.644.18

💨 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

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
12.4:1
Student-teacher ratio
5
Public schools
2,946
Total enrollment

Frequently Asked Questions

What is the cost of living in Nyack, NY?

Nyack has a cost index of 189 (100 = national average). It is 89% above the national average.

What is average rent in Nyack, NY?

The median gross rent in Nyack is $2,213 per month based on 2023 Census data.

What is the average home price in Nyack?

The median home value in Nyack is $619,300 according to Zillow and Census data.

What is the median income in Nyack?

The median household income in Nyack is $118,889 per year (2023 ACS 5-year estimates).

What is the sales tax in Nyack, NY?

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

Is Nyack, NY affordable?

Nyack is above average in cost of living, with an index of 189 — about 89% higher than the national average.

What is the weather like in Nyack?

Nyack 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.

Nyack at a Glance

Population
7,469
Median Income
$118,889
Home Value
$619,300
Median Rent
$2,213/mo
Unemployment
8.9%
Avg High Temp
60.6°F
Sales Tax
8.5%
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