Zip 14522 (Palmyra, NY) Cost of Living


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United States / New York / Rochester Metro Area / Wayne County / No City / Palmyra (zip 14522)
How much do I need to live in Palmyra, New York?
$2,760 / month
for a family, 48.9% less expensive than the national average A total of $33,120 for the year for a family.
$2,667 / month
for a single person, 44.1% less expensive than the national average A total of $32,000 for the year for a single person.

Palmyra cost of living score
85.5
Less expensive
14.5% lower
than the US average
29.6% lower
than the New York average
Palmyra (zip 14522), New York gets a BestPlaces Cost of Living score of 85.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.5% lower than the U.S. average and 29.6% lower than the average for New York.

Zip 14522 (Palmyra, NY)

Housing costs in Palmyra?
A typical home costs $172,500, which is 49.0% less expensive than the national average of $338,100 and 58.3% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Palmyra costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and 98.0% cheaper than the state average of $1,960.

Can I afford Palmyra?
To live comfortably in Palmyra (zip 14522), New York, a minimum annual income of $33,120 for a family, and $32,000 for a single person is recommended.

What does A.I. say about Palmyra?
14522 Palmyra, NY is an affordable place to live with a cost of living index of 86.7 which is lower than the US average of 100. Housing costs are reasonable at an average median home price of $135,400 and median rent of $936 per month. The local economy is mostly comprised of farming, manufacturing, and service industries and the unemployment rate is below the national average. Overall, 14522 Palmyra, NY offers an affordable lifestyle in a rural setting.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPalmyraNew YorkUnited States
    Unlock121.5100.0
  98.5  Unlock100.0
    Unlock120.7100.0
  55.0  Unlock100.0
    Unlock$413,600$338,100
  99.4  Unlock100.0
    Unlock140.7100.0
  107.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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