The cost of living index in Red Hook, NY, stands at 114, which is 14% higher than the nationwide average of 100. This increase is primarily due to higher housing costs, which are 35% above the national average. Other expenses such as groceries and healthcare also exceed the national average, making Red Hook a bit more expensive to live in.
Red Hook, New York, presents a cost of living that is noticeably higher than the nationwide average. For housing, residents pay 35% more than the national average, as indicated by the housing index of 135. This substantial increase can significantly impact living expenses. Groceries in Red Hook also cost more, with an index of 110, showing a 10% hike over the average.
Utilities in Red Hook follow closely behind the higher costs, with an index of 105, indicating a 5% rise in expenses. Transportation costs, however, show a slight decrease, with an index of 90, meaning residents spend 10% less than the national average on getting around. Healthcare costs remain above average with an index of 120, marking a 20% increase. Miscellaneous costs, with an index of 115, show an 15% rise. Overall, Red Hook residents face higher costs in several key areas when compared to the national average.