States › New York › Chestnut Ridge

Is Chestnut Ridge, NY expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,92410% higher than U.S. average
💵 Families earn per year (2026)$120,495about $10,041/month · 38% higher than U.S. average
🔑 House price$720,100116% higher than U.S. average

Rent is higher than in 65% of U.S. cities. A typical house costs about 6.0 years of household income. Most homes (76.1%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $76,960 a year. That is $37 an hour at a full-time job.

Is rent cheaper than other New York cities?

Yes. Rent here is cheaper than in most of New York. It is number 135 of 343 cities from cheapest to most expensive.

Chestnut Ridge
$1,924
Loudonville
$2,018
Canandaigua
$1,157
Corning
$1,353
West Haverstraw
$1,989
Mount Kisco
$1,648
Terryville
$2,499

How much do households earn in Chestnut Ridge?

Under $25k
7.3%
$25k–50k
13.0%
$50k–100k
34.8%
$100k–150k
23.2%
$150k+
21.3%

Share of households by yearly income. 44.5% of households earn $100,000 or more.

Rent by apartment size in Chestnut Ridge

SizeChestnut RidgeU.S. average
Studio$642$1,338
2 bedrooms$2,325$1,509
3 bedrooms$3,500+$1,698
4 bedrooms$2,648$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Chestnut Ridge overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Chestnut Ridge, so the New York figure is shown.

Taxes and bills in Chestnut Ridge

🏛️ Property tax$10,000+a year · 1.39% of home value · U.S. $3,119
⚡ Electric bill$280a month (typical) · U.S. $156

Life in Chestnut Ridge

Commute to work27 minU.S.: 26.4 min
College degree35%U.S.: 35.7%
Own their home76.1%U.S.: 65.2%
Below poverty line8.1%U.S.: 12.5%
Unemployment4%U.S.: 5.2%

Is it cheaper to rent or buy in Chestnut Ridge?

Renting is cheaper right now: about $3,072 a month less.

Renting
$1,924
Owning
$4,996

Owning assumes a typical $720,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $72,010 for the down payment.

Frequently asked questions

What is the average rent in Chestnut Ridge, NY?

Renting in Chestnut Ridge costs a median of about $1,924 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Chestnut Ridge?

To keep rent under 30% of income, you need about $76,960 a year, or $37 an hour at a full-time job.

Is Chestnut Ridge cheap or expensive?

Chestnut Ridge is rated Cheap: rent takes 19.2% of the typical household income of $120,495. It ranks 135th cheapest of 343 New York cities we track.

How much are property taxes in Chestnut Ridge?

The median homeowner in Chestnut Ridge pays $10,000+ a year in property taxes, about 1.39% of the median home value.

Is Chestnut Ridge more expensive than the national average?

Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Chestnut Ridge?

The median home value in Chestnut Ridge is $720,100, about 6.0 times the typical yearly household income.

10,557 people live in Chestnut Ridge. Numbers are typical (middle) values.