Ithaca, NY is a small city in upstate New York, known for its vibrant arts and culture scene. It has a population of approximately 15,853 people. The cost of rent for a two-bedroom apartment in Ithaca is $1,480 per month. This is slightly more expensive than the average two-bedroom rental cost in the US of $1430 per month. Groceries are also slightly more expensive in Ithaca with an index of 103 versus 100 in the United States. Home to Cornell University and Ithaca College, there are plenty of well established companies located in the area such as Tompkins Financial Corporation and Wegmans Food Markets. Overall, Ithaca offers an excellent quality of life but may not be as affordable as some other cities across the US.