Syracuse Metro Area, NY Cost of Living


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Syracuse cost of living score
86.4
Less expensive
13.6% lower
than the US average
28.9% lower
than the New York average
Syracuse New Y Metro Area, New York gets a BestPlaces Cost of Living score of 86.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.6% lower than the U.S. average and 28.9% lower than the average for New York.

Syracuse Metro Area, NY

Housing costs in Syracuse?
A typical home costs $194,800, which is 42.4% less expensive than the national average of $338,100 and 52.9% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Syracuse costs $1,110 per month, which is 22.4% cheaper than the national average of $1,430 and 76.6% cheaper than the state average of $1,960.

Can I afford Syracuse?
To live comfortably in Syracuse New Y Metro Area, New York, a minimum annual income of $37,440 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Syracuse?
The cost of living in Syracuse, NY Metro Area is significantly lower than the national average. According to the given data, the cost of living in Syracuse is 86.4 and the US average Cost of Living is 100. It can be seen that Syracuse has a low cost of living which makes it an attractive place to live for people with different levels of income. The house median value in this area is $194,800 while the US average house value is $338,100. This indicates that purchasing property and settling down in this area can be considerably more affordable than other places in the country.
   Cost of living score
     CategoriesSyracuseNew YorkUnited States
  86.4121.5100.0
  98.8103.8100
  116.1120.7100.0
  58.8127.9100.0
  $194,800$413,600$338,100
  104.9%115.9%100.0%
  87.4140.7100.0
  131.7121.8100.0

   100=National Average

   Average Rent by Bedroom Size
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