Hamburg, NY Cost Of Living
Cost Of Living In Hamburg, NY Summary
Cost of living in Hamburg 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 Hamburg 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 Hamburg is 91, with 100 being the average.
The cost of living index in Hamburg is 0.9x lower than the national average.
Hamburg ranks as the #44 cheapest in New York out of 340.
Hamburg ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Hamburg is $199,700.
The median income in Hamburg is $82,645.
Table Of Contents
Hamburg's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Hamburg, NY?
According to the most recent data on the cost of living, Hamburg has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to New York, Hamburg has a cost of living index that's 0.7x lower than New York's index of 126.
The standard of living in Hamburg ranks as #44 most affordable out of the 340 places we measured in New York. By definition, that implies Hamburg ranks as the #296 most expensive place in the Empire State.
For more reading on life in Hamburg, check out:
- Living In Hamburg
- Hamburg Crime Report
- Search Homes For Sale In Hamburg, NY
In New York
In America
Hamburg Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Hamburg. Here is how it fairs on each of the criteria:
The Services index in Hamburg is 101.
The Groceries index in Hamburg is 92.
The Health index in Hamburg is 86.
The Housing index in Hamburg is 84.
The Transportation index in Hamburg is 99.
The Utilities index in Hamburg is 98.
| Living Expense | Hamburg | New York | National Average | |
|---|---|---|---|---|
| Overall | 91 | 126 | 100 | |
| Services | 101 | 110 | 100 | |
| Groceries | 92 | 104 | 100 | |
| Health | 86 | 105 | 100 | |
| Housing | 84 | 175 | 100 | |
| Transportation | 99 | 107 | 100 | |
| Utilities | 98 | 102 | 100 | |
Hamburg, 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 Hamburg is $199,700.
The Median Rent in Hamburg is $862.
The Median Income in Hamburg is $82,645.
The Home Value To Income in Hamburg is 2.4x.
The Rent To Monthly Income in Hamburg is 0.13x.
| Statistic | Hamburg | New York | United States |
|---|---|---|---|
| Median Home Value | $199,700 | $340,600 | $244,900 |
| Median Rent | $862 | $1,390 | $1,163 |
| Median Income | $82,645 | $75,157 | $69,021 |
| Home Value To Income | 2.4x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Hamburg, NY Costs By Category
Detailed Hamburg Services Costs Vs. New York
Detailed Hamburg Groceries Costs Vs. New York
Detailed Hamburg Health Costs Vs. New York
Detailed Hamburg Transportation Costs Vs. New York
Detailed Hamburg Utilities Costs Vs. New York
Hamburg SnackAbility
/10
Cost Of Living In Cities Around Hamburg
The cost of living varies in the cities and towns around Hamburg. Here's a quick look at the cost of living in the most populous nearby places:
West Seneca, NY has a cost of living index of 91, 1.0x Hamburg.
Lackawanna, NY has a cost of living index of 82, 0.9x Hamburg.
Kenmore, NY has a cost of living index of 89, 1.0x Hamburg.
| City | Population | Cost Of Living | Vs. Hamburg |
|---|---|---|---|
| West Seneca, NY | 45,390 | 91 | 1.0x |
| Lackawanna, NY | 19,697 | 82 | 0.9x |
| Kenmore, NY | 15,207 | 89 | 1.0x |
| Depew, NY | 15,188 | 89 | 1.0x |
| Eggertsville, NY | 14,577 | 89 | 1.0x |
| Lancaster, NY | 10,046 | 89 | 1.0x |
| East Aurora, NY | 6,095 | 97 | 1.1x |
| Harris Hill, NY | 6,078 | 104 | 1.1x |
| Williamsville, NY | 5,419 | 93 | 1.0x |
