Cold Spring, NY 55+ Active Adult Retirement Communities

Cold Spring is a small town located in Eastern New York. Situated alongside the Hudson River, Cold Spring residents have access to scenic views and an abundance of recreational opportunities. Besides that, the area offers plenty of shopping and dining options, a farmers market, and summer festivals for locals to enjoy.

Climate & Geography

The climate in Cold Spring is classified as humid continental, which means residents can expect average winter lows dropping down to the low 20s, and summer highs reaching the mid 80s. The city receives more rainfall and snowfall than the national average.

Recreation, Culture & Entertainment

Located on the banks of the Hudson River, the town offers residents picturesque views overlooking the water. Foundry Dock State Park features opportunities for canoeing, kayaking, and fishing. Visitors can enjoy hiking or fishing at nearby Hudson Highlands State Park. Active adults living in Cold Spring can take part in a variety of recreational activities in the surrounding area.

The city’s Main Street offers several charming shops and restaurants to locals. Active adults can explore the Magazzino Italian Art, an Italian art museum, and Stonecrop Gardens, which are open seasonally. In addition, the city features a year round farmers market, and community festivals are held during the warmer months of the year.

Cost of Living & Taxes

The cost of living in Cold Spring is above the state and national averages. This is mainly due to the high cost of homes and housing in Cold Spring, however, grocery, health care, utility, and transportation costs are above average as well.

Sales tax in Cold Spring is higher than average at 8.38 percent. Income tax in New York can range from 4 percent to 8.82 percent, and localities can levy additional income taxes. Social Security benefits are not taxed in New York, however, property taxes are above average.

Health Care

While there are no hospitals in Cold Spring, the surrounding area offers a number of options where locals can access quality health care. Montefiore St. Luke’s Cornwall is located in nearby Newburgh. Phelps Memorial Hospital Center, located in Sleepy Hollow, is rated as high performing in two procedures and conditions, according to U.S. News.