Cost of living in Fredonia research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fredonia is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fredonia is 89, with 100 being the average.
The cost of living index in Fredonia is 0.9x lower than the national average.
Fredonia ranks as the #30 cheapest in New York out of 341.
Fredonia ranks as the #1,060 cheapest out of 6,489 in the US.
The median home value in Fredonia is $208,982.
The median income in Fredonia is $47,694.
According to the most recent data on the cost of living, Fredonia has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to New York, Fredonia has a cost of living index that's 0.7x lower than New York's index of 119.
The standard of living in Fredonia ranks as #30 most affordable out of the 341 places we measured in New York. By definition, that implies Fredonia ranks as the #311 most expensive place in the Empire State.
For more reading on life in Fredonia, check out:
Six factors go into calculating the cost of living index in Fredonia. Here is how it fairs on each of the criteria:
The Services index in Fredonia is 95.
The Groceries index in Fredonia is 95.
The Health index in Fredonia is 99.
The Housing index in Fredonia is 79.
The Transportation index in Fredonia is 95.
The Utilities index in Fredonia is 96.
| Living Expense | Fredonia | New York | National Average | |
|---|---|---|---|---|
| Overall | 89 | 119 | 100 | |
| Services | 95 | 110 | 100 | |
| Groceries | 95 | 103 | 100 | |
| Health | 99 | 101 | 100 | |
| Housing | 79 | 145 | 100 | |
| Transportation | 95 | 105 | 100 | |
| Utilities | 96 | 99 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Fredonia is $208,982.
The Median Rent in Fredonia is $866.
The Median Income in Fredonia is $47,694.
The Home Value To Income in Fredonia is 4.4x.
The Rent To Monthly Income in Fredonia is 0.22x.
The cost of living varies in the cities and towns around Fredonia. Here's a quick look at the cost of living in the most populous nearby places:
Eggertsville, NY has a cost of living index of 94, 1.1x Fredonia.
Kenmore, NY has a cost of living index of 89, 1.0x Fredonia.
Dunkirk, NY has a cost of living index of 79, 0.9x Fredonia.
| City | Population | Cost Of Living | Vs. Fredonia |
|---|---|---|---|
| Eggertsville, NY | 15,416 | 94 | 1.1x |
| Kenmore, NY | 15,097 | 89 | 1.0x |
| Dunkirk, NY | 12,597 | 79 | 0.9x |
| Lancaster, NY | 10,127 | 89 | 1.0x |
| Hamburg, NY | 9,762 | 94 | 1.1x |
| East Aurora, NY | 5,997 | 101 | 1.1x |
| Harris Hill, NY | 5,853 | 108 | 1.2x |
| Williamsville, NY | 5,430 | 98 | 1.1x |