Cost of Living in Putnam Lake, NY
Population 3,673 · New York · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Putnam Lake a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $309,000. At 8.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Putnam Lake is about 25 miles northwest of Bridgeport, the nearest large metro. Median home values run roughly 22% higher than Bridgeport's $252,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Putnam Lake
The median home value in Putnam Lake is $308,600 — 1% above the national median of $305,000. Median rent runs $2,568/month, 95% higher than the national median of $1,314/month. The median household income of $105,284/year is 41% higher than the US median of $74,580. The local unemployment rate is 8.2%, 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 59.8°F and lows of 39.5°F. Overall, Putnam Lake has a cost of living index of 139 versus the US average of 100, meaning it is 39% more expensive.
Putnam Lake 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 | 36 | 39 | 47 | 59 | 69 | 78 | 82 | 80 | 74 | 62 | 51 | 41 |
| Low °F | 18 | 20 | 27 | 37 | 46 | 56 | 62 | 60 | 52 | 41 | 31 | 24 |
| Precip" | 3.06 | 2.69 | 3.89 | 3.74 | 3.78 | 4.48 | 4.46 | 4.62 | 4.81 | 4.48 | 3.78 | 4.24 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Putnam Lake, NY?
Putnam Lake has a cost index of 139 (100 = national average). It is 39% above the national average.
What is average rent in Putnam Lake, NY?
The median gross rent in Putnam Lake is $2,568 per month based on 2023 Census data.
What is the average home price in Putnam Lake?
The median home value in Putnam Lake is $308,600 according to 2023 Census ACS data.
What is the median income in Putnam Lake?
The median household income in Putnam Lake is $105,284 per year (2023 ACS 5-year estimates).
What is the sales tax in Putnam Lake, NY?
The combined state and local sales tax rate in Putnam Lake is 8.5%. The New York state income tax top rate is 10.9%.
Is Putnam Lake, NY affordable?
Putnam Lake is above average in cost of living, with an index of 139 — about 39% higher than the national average.
What is the weather like in Putnam Lake?
Putnam Lake has average high temperatures of 59.8°F and average lows of 39.5°F. Annual precipitation is 48". Data from NOAA 1991–2020 Climate Normals.
Putnam Lake at a Glance
- Population
- 3,673
- Median Income
- $105,284
- Home Value
- $308,600
- Median Rent
- $2,568/mo
- Unemployment
- 8.2%
- Avg High Temp
- 59.8°F
- Sales Tax
- 8.5%
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New York Rankings
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