Geneseo, NY Cost Of Living
Cost Of Living In Geneseo, NY Summary
Cost of living in Geneseo 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 Geneseo 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 Geneseo is 99, with 100 being the average.
The cost of living index in Geneseo is 1.0x lower than the national average.
Geneseo ranks as the #82 cheapest in New York out of 340.
Geneseo ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Geneseo is $171,700.
The median income in Geneseo is $34,223.
Table Of Contents
Geneseo's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Geneseo, NY?
According to the most recent data on the cost of living, Geneseo has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to New York, Geneseo has a cost of living index that's 0.8x lower than New York's index of 126.
The standard of living in Geneseo ranks as #82 most affordable out of the 340 places we measured in New York. By definition, that implies Geneseo ranks as the #258 most expensive place in the Empire State.
For more reading on life in Geneseo, check out:
- Living In Geneseo
- Geneseo Crime Report
- Search Homes For Sale In Geneseo, NY
In New York
In America
Geneseo Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Geneseo. Here is how it fairs on each of the criteria:
The Services index in Geneseo is 105.
The Groceries index in Geneseo is 101.
The Health index in Geneseo is 100.
The Housing index in Geneseo is 84.
The Transportation index in Geneseo is 109.
The Utilities index in Geneseo is 95.
| Living Expense | Geneseo | New York | National Average | |
|---|---|---|---|---|
| Overall | 99 | 126 | 100 | |
| Services | 105 | 110 | 100 | |
| Groceries | 101 | 104 | 100 | |
| Health | 100 | 105 | 100 | |
| Housing | 84 | 175 | 100 | |
| Transportation | 109 | 107 | 100 | |
| Utilities | 95 | 102 | 100 | |
Geneseo, 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 2017-2021. The key points are:
The Median Home Value in Geneseo is $171,700.
The Median Rent in Geneseo is $840.
The Median Income in Geneseo is $34,223.
The Home Value To Income in Geneseo is 5.0x.
The Rent To Monthly Income in Geneseo is 0.29x.
| Statistic | Geneseo | New York | United States |
|---|---|---|---|
| Median Home Value | $171,700 | $340,600 | $244,900 |
| Median Rent | $840 | $1,390 | $1,163 |
| Median Income | $34,223 | $75,157 | $69,021 |
| Home Value To Income | 5.0x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.29x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Geneseo, NY Costs By Category
Detailed Geneseo Services Costs Vs. New York
Detailed Geneseo Groceries Costs Vs. New York
Detailed Geneseo Health Costs Vs. New York
Detailed Geneseo Transportation Costs Vs. New York
Detailed Geneseo Utilities Costs Vs. New York
Geneseo SnackAbility
/10
Cost Of Living In Cities Around Geneseo
The cost of living varies in the cities and towns around Geneseo. Here's a quick look at the cost of living in the most populous nearby places:
Brighton, NY has a cost of living index of 101, 1.0x Geneseo.
Lancaster, NY has a cost of living index of 89, 0.9x Geneseo.
East Aurora, NY has a cost of living index of 97, 1.0x Geneseo.
| City | Population | Cost Of Living | Vs. Geneseo |
|---|---|---|---|
| Brighton, NY | 36,986 | 101 | 1.0x |
| Lancaster, NY | 10,046 | 89 | 0.9x |
| East Aurora, NY | 6,095 | 97 | 1.0x |
| Harris Hill, NY | 6,078 | 104 | 1.1x |
| Webster, NY | 5,717 | 96 | 1.0x |
| Fairport, NY | 5,452 | 100 | 1.0x |
| Williamsville, NY | 5,419 | 93 | 0.9x |
