The 10 Most Expensive Places To Live In New York In 2022
When you live in New York State, you pay a lot in taxes. Where were the 10 most expensive places to live in our state for 2022?
One of the most expensive cities in all of America is New York City. Honestly, it's probably one of the most expensive cities in the world. If we took that out of running, where would your wallet be hurting the most in 2022?
HomeSnacks took a look at the numbers and discovered that places in the Central New York region, and the Mohawk Valley, were far from being the most expensive. We actually made the list of the cheapest places to live. Ilion came in as Number One for the cheapest place to live in New York. So for all the complaining we sometimes do in this area about the cost of living, we might not need to anymore.
So here's how the list was developed: HomeSnacks researched several statistics from the latest Census American Community Survey around incomes and costs. They looked at the following:
Median Home Price / Median Income (lower is better)
Median Income / Median Rent (Higher is better)
Median Home Price
Once they had that data, they added median home price because high home prices generally correlate with higher expenses for all costs related to homes. If you have a free moment, you can compare these metrics in each of the places in New York to figure out which is the most expensive.
SEE ALSO: 4 Most Sinful Cities in New York State
If you don't have that time, we tried to make it an easy process for you to read and understand.
Here were the 10 most expensive places to live in New York State for 2022:
10 Most Expensive Places To Live In New York In 2021
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