Cost of Living in Springs, NY
Population 9,489 · New York · Data vintage 2023
(100 = US avg)
Springs's housing market reflects its status as a high-earning metro: $890,000 for a typical home, 192% above the US median, paired with household incomes around $147,277 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 2.0% — below most comparable cities in the state.
Located 45 miles east of New Haven, Springs falls within that metro's commuting orbit. Median home values run roughly 257% higher than New Haven's $249,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Springs
The median home value in Springs is $890,000 — 192% above the national median of $305,000. Median rent runs $3,334/month, 154% higher than the national median of $1,314/month. The median household income of $147,277/year is 97% higher than the US median of $74,580. The local unemployment rate is 2.0%, 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 59.6°F and lows of 46.5°F. Overall, Springs has a cost of living index of 277 versus the US average of 100, meaning it is 177% more expensive.
Springs 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 | 40 | 41 | 46 | 55 | 64 | 74 | 80 | 80 | 73 | 63 | 54 | 45 |
| Low °F | 28 | 28 | 33 | 41 | 50 | 60 | 66 | 66 | 60 | 51 | 42 | 34 |
| Precip" | 3.63 | 3.20 | 4.18 | 3.66 | 3.19 | 3.50 | 2.81 | 4.02 | 3.64 | 4.22 | 3.91 | 4.35 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Springs, NY?
Springs has a cost index of 277 (100 = national average). It is 177% above the national average.
What is average rent in Springs, NY?
The median gross rent in Springs is $3,334 per month based on 2023 Census data.
What is the average home price in Springs?
The median home value in Springs is $890,000 according to 2023 Census ACS data.
What is the median income in Springs?
The median household income in Springs is $147,277 per year (2023 ACS 5-year estimates).
What is the sales tax in Springs, NY?
The combined state and local sales tax rate in Springs is 8.5%. The New York state income tax top rate is 10.9%.
Is Springs, NY affordable?
Springs is above average in cost of living, with an index of 277 — about 177% higher than the national average.
What is the weather like in Springs?
Springs has average high temperatures of 59.6°F and average lows of 46.5°F. Annual precipitation is 44.3". Data from NOAA 1991–2020 Climate Normals.
Springs at a Glance
- Population
- 9,489
- Median Income
- $147,277
- Home Value
- $890,000
- Median Rent
- $3,334/mo
- Unemployment
- 2.0%
- Avg High Temp
- 59.6°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
Similar Cost Cities
Cities in other states with comparable housing costs