What is the cost of living in Fairmount, NY?
According to the most recent data on the cost of living, Fairmount has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to New York, Fairmount has a cost of living index that's 0.8x lower than New York's index of 121.
The standard of living in Fairmount ranks as #58 most affordable out of the 336 places we measured in New York. By definition, that implies Fairmount ranks as the #278 most expensive place in the Empire State.
For more reading on life in Fairmount, check out:
Fairmount Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Fairmount. Here is how it fares on each of the criteria:
The Services index in Fairmount is 107.
The Groceries index in Fairmount is 111.
The Health index in Fairmount is 86.
The Housing index in Fairmount is 112.
The Transportation index in Fairmount is 112.
The Utilities index in Fairmount is 108.
| Living Expense | Fairmount | New York | National Average |
|---|---|---|---|
| Overall | 100 | 121 | 100 |
| Services | 107 | 105 | 100 |
| Groceries | 111 | 108 | 100 |
| Health | 86 | 143 | 100 |
| Housing | 112 | 112 | 100 |
| Transportation | 112 | 114 | 100 |
| Utilities | 108 | 111 | 100 |
Fairmount Cost Of Living Compared To New York Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New York, check out:
Protect your home budget Compare home warranties in Fairmount Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Fairmount, NY Housing Cost Breakdown
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Fairmount is $220,467.
The Median Rent in Fairmount is $1,341.
The Median Income in Fairmount is $84,225.
The Home Value To Income in Fairmount is 2.6x.
The Rent To Monthly Income in Fairmount is 0.19x.
Fairmount, NY Costs By Category
Detailed Fairmount Services costs vs. New York
Detailed Fairmount Groceries costs vs. New York
Detailed Fairmount Health costs vs. New York
Detailed Fairmount Transportation costs vs. New York
Fairmount SnackAbility
Cost Of Living In Cities Around Fairmount
The cost of living varies in the cities and towns around Fairmount. Here's a quick look at the cost of living in the most populous nearby places:
Syracuse, NY has a cost of living index of 96, 1.0x Fairmount.
Auburn, NY has a cost of living index of 94, 0.9x Fairmount.
Fulton, NY has a cost of living index of 95, 0.9x Fairmount.
| City | Population | Cost Of Living | Vs. Fairmount |
|---|---|---|---|
| Syracuse, NY | 146,384 | 96 | 1.0x |
| Auburn, NY | 26,285 | 94 | 0.9x |
| Fulton, NY | 11,272 | 95 | 0.9x |
| Baldwinsville, NY | 7,715 | 102 | 1.0x |
| North Syracuse, NY | 6,693 | 99 | 1.0x |
| Solvay, NY | 6,544 | 98 | 1.0x |
| Mattydale, NY | 5,971 | 94 | 0.9x |
| Westvale, NY | 5,212 | 107 | 1.1x |
