Cost of Living in Ithaca, NY
2024 data from the Bureau of Economic Analysis
Cost Index
103.3
3.3% above avg
Housing Index
128.4
Median Income
$69,995
Median Rent
$1,320/mo
Cost Breakdown
Overall103.3 (+3.3%)
Housing128.4 (+28.4%)
Goods99.7 (-0.3%)
Utilities131.6 (+31.6%)
Other Services97.8 (-2.2%)
National average = 100
Income & Housing
Median Household Income
$69,995/year
Median Home Value
$264,300
Median Monthly Rent
$1,320/mo
Per Capita Income
$40,781/year
Compare Ithaca, NY With
Frequently Asked Questions
Is Ithaca, NY expensive to live in?
Ithaca, NY has a cost of living index of 103.3, which is 3.3% above the national average.
How much does housing cost in Ithaca, NY?
Housing costs in Ithaca, NY are indexed at 128.4 compared to the national average of 100. The median monthly rent is $1,320.
What is the average income in Ithaca, NY?
The median household income in Ithaca, NY is $69,995 per year.
What is the average home price in Ithaca, NY?
The median home value in Ithaca, NY is $264,300.