States › New York › Warwick

Is Warwick, NY expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,51243% higher than U.S. average
💵 Families earn per year (2026)$96,643about $8,054/month · 11% higher than U.S. average
🔑 House price$438,10032% higher than U.S. average

Rent is higher than in 86% of U.S. cities. A typical house costs about 4.5 years of household income. Commutes are long, about 42.4 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $100,480 a year. That is $48 an hour at a full-time job.

Is rent cheaper than other New York cities?

No. Rent here is more expensive than in most of New York. It is number 228 of 343 cities from cheapest to most expensive.

Warwick
$2,512
East Greenbush
$2,145
Larchmont
$2,309
Flanders
$2,550
Solvay
$1,343
Irvington
$2,860
South Valley Stream
$1,658

How much do households earn in Warwick?

Under $25k
16.7%
$25k–50k
19.5%
$50k–100k
25.6%
$100k–150k
18.5%
$150k+
16.4%

Share of households by yearly income. 34.8% of households earn $100,000 or more.

Rent by apartment size in Warwick

SizeWarwickU.S. average
1 bedroom$1,327$1,324
2 bedrooms$2,283$1,509
3 bedrooms$1,481$1,698

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

How expensive is Warwick 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 Warwick, so the New York figure is shown.

Taxes and bills in Warwick

🏛️ Property tax$9,604a year · 2.19% of home value · U.S. $3,119
⚡ Electric bill$188a month (typical) · U.S. $156

Life in Warwick

Commute to work42.4 minU.S.: 26.4 min
College degree50%U.S.: 35.7%
Own their home57.8%U.S.: 65.2%
Below poverty line5.5%U.S.: 12.5%
Unemployment5.6%U.S.: 5.2%

Is it cheaper to rent or buy in Warwick?

Renting is cheaper right now: about $528 a month less.

Renting
$2,512
Owning
$3,040

Owning assumes a typical $438,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,810 for the down payment.

Frequently asked questions

What is the average rent in Warwick, NY?

Renting in Warwick costs a median of about $2,512 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Warwick?

To keep rent under 30% of income, you need about $100,480 a year, or $48 an hour at a full-time job.

Is Warwick cheap or expensive?

Warwick is rated Expensive: rent takes 31.2% of the typical household income of $96,643. It ranks 228th cheapest of 343 New York cities we track.

How much are property taxes in Warwick?

The median homeowner in Warwick pays $9,604 a year in property taxes, about 2.19% of the median home value.

Is Warwick 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 Warwick?

The median home value in Warwick is $438,100, about 4.5 times the typical yearly household income.

6,585 people live in Warwick. Numbers are typical (middle) values.