Zip 14853 (Ithaca, NY) Cost of Living


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How much do I need to live in Ithaca, New York?
$5,370 / month
for a family, 0.6% less expensive than the national average A total of $64,440 for the year for a family.
$4,233 / month
for a single person, 11.2% less expensive than the national average A total of $50,800 for the year for a single person.

Ithaca cost of living score
93.6
Less expensive
6.4% lower
than the US average
23.0% lower
than the New York average
Ithaca (zip 14853), New York gets a BestPlaces Cost of Living score of 93.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.4% lower than the U.S. average and 23.0% lower than the average for New York.

Zip 14853 (Ithaca, NY)

Housing costs in Ithaca?
A typical home costs $336,600, which is 0.4% less expensive than the national average of $338,100 and 18.6% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Ithaca costs $1,480 per month, which is 24.5% cheaper than the national average of $1,960 and close to the state average of $1,490.

Can I afford Ithaca?
To live comfortably in Ithaca (zip 14853), New York, a minimum annual income of $64,440 for a family, and $50,800 for a single person is recommended.

What does A.I. say about Ithaca?
The cost of living in Ithaca, NY (14853) is quite high, with a median home value of over $250,000. The median rent in the area is also significantly higher than the national average, ranging from around $1,100 for a one-bedroom apartment to around $2,700 for a three-bedroom apartment. Groceries and other essentials are also generally more expensive in Ithaca compared to other cities across the country. Although Ithaca has an overall higher cost of living than many places, it is still relatively affordable for its size and offers a wide range of amenities that appeal to residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesIthacaNew YorkUnited States
    Unlock121.5100.0
  102.9  Unlock100.0
    Unlock120.7100.0
  74.0  Unlock100.0
    Unlock$413,600$338,100
  100.0  Unlock100.0
    Unlock140.7100.0
  151.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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