What is the cost of living in Peekskill, NY?

Peekskill indexes at 119 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,171/mo and a acs median home value of $395,600.

How much does a house cost in Peekskill?

The acs median home value in Peekskill is $395,600, 24% below the New York median (Census ACS estimate; individual listings vary).

How much is rent in Peekskill?

A two-bedroom in Peekskill rents for about $2,171/mo.

City data & comparisons

Westchester County · New York · Northeast · 26k residents

Peekskill, NY: cost of living, taxes & quality of life

Residential facts for Peekskill: housing, taxes, monthly costs, climate, schools, and household income, with the New York median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

The acs median home value in Peekskill is $395,600, 24% below the New York median. A two-bedroom rents for about $2,171/mo. Day-to-day costs index at 119 against a national baseline of 100. The median household here earns $85,954 a year.

What the numbers show

Source-confirmed findings

Housing value: The ACS median home value in Peekskill is $395,600, 24.1% below the median for ACS-covered places in New York.
Household income: Median household income is $85,954, 29% below the median for ACS-covered places in New York.
Adult education: 37.8% of adults have a bachelor's degree or higher, right around the median for ACS-covered places in New York.
Home value to income: The ACS median home value is about 4.6 times median household income. This is a comparison measure, not a mortgage qualification or affordability promise.

Source: U.S. Census Bureau, 2024 American Community Survey 5-year estimates(2024 ACS 5-year; tables B01003, B15003, B19013, B25077). Geography: Census place where available. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

WhereToHQ calculates the comparisons. Figures are estimates for context, not a guarantee or personal financial advice. Read the methodology or send a correction.

What makes this place distinctive

A factual snapshot of the place, based on the profile data. It is not a tourism or cultural claim.

A researched local story is not published for this city yet. The signals below are the verified profile context.

Scale: A smaller city in the profile data, with fewer than 50,000 residents.
Setting: The profile places Peekskill about 26 miles from the nearest tracked ocean.
Climate signal: The profile records 180 sunny days.
Daily pace: The profile records a walk score of 30 and an average commute of 33 minutes.

WhereToHQ derives these signals from the committed city dataset. Read the methodology for coverage and source limits.

Compare Peekskill for residents

Compare Peekskill side by side

Cost of living index

119

cheaper than 26% of US cities

ACS median home value

$395,600

−24% vs state median≈ US median

2-bedroom rent

$2,171/mo

cheaper than 15% of US cities

Median household income

$85,954

−29% vs state median≈ US median

Housing momentum

How fast Peekskill's housing market is moving, ranked against the US cities we track.

67/100

Heating

Rents YoY: +3.6% (top 34%)Home prices YoY: +2.0% (top 40%)Rents MoM: +1.5% (top 7%)

Momentum holding · over 2 yr

Ranks Peekskill's home-price and rent growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. Not investment or relocation advice.

What does your salary buy in Peekskill?

$a year

Adjusted by Peekskill's cost-of-living index versus the US average.

All facets · Peekskill

Housing — Buy
ACS median home value	$395,600
Price per sq. ft.	$300
Property tax rate	1.6%

Housing — Rent
1-bedroom rent	$1,779/mo
2-bedroom rent	$2,171/mo

Taxes
State & local income tax	4.07%
Sales tax	8.5%

Monthly Costs
Cost of living index	119
Groceries index	108
Utilities	$190/mo
Transit pass	$127/mo
Gas price	$3.50/gal
Healthcare index	105
Childcare (per child)	$1,400/mo

Economy & Jobs
Median household income	$85,954
Unemployment rate	4.3%
Population	26k

Quality of Life
Crime index	40/100
School rating	6.5/10
Walkability	30/100
Disaster risk	96/100
Avg. commute	33 min

Climate
Sunny days / year	180 days
July high	84°F
January low	17°F
Annual snowfall	—

Market Trends
Home price YoY	+2.0%
Home price MoM	+0.1%
Rent YoY	+3.6%
Rent MoM	+1.5%

Location & Access
Ocean coast	26 mi
Big lake	27 mi
Mountains	55 mi
Major airport	36 mi
Ski resort	65 mi

Compare & explore

Popular comparisons

Nearby

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Real listings in Peekskill

Homes on Zillow ↗Realtor.com ↗Rentals on Zillow ↗Apartments.com ↗

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers

What is the cost of living in Peekskill, NY?: Peekskill indexes at 119 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,171/mo and a acs median home value of $395,600.
How much does a house cost in Peekskill?: The acs median home value in Peekskill is $395,600, 24% below the New York median (Census ACS estimate; individual listings vary).
How much is rent in Peekskill?: A two-bedroom in Peekskill rents for about $2,171/mo.