Ithaca, NY Cost Of Living

The latest cost of living statistics for Ithaca. Includes statistics on rent, mortgages, healthcare, and other costs for Ithaca compared to the state and national averages.

Cost of living in Ithaca, New York

Cost of living in Ithaca 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 Ithaca 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:

115 Cost of living index 1.1x higher vs US
#103 Cheapest in New York (of 336)
#3,989 Cheapest in the U.S. (of 6,489)
$410,620 Median home value
$1,447 Median rent
$48,784 Median income
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What is the cost of living in Ithaca, NY?

According to the most recent data on the cost of living, Ithaca has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.

Compared to New York, Ithaca has a cost of living index that's 1.0x lower than New York's index of 121.

The standard of living in Ithaca ranks as #103 most affordable out of the 336 places we measured in New York. By definition, that implies Ithaca ranks as the #233 most expensive place in the Empire State.

For more reading on life in Ithaca, check out:

Ithaca Cost Of Living Vs. New York

Six factors go into calculating the cost of living index in Ithaca. Here is how it fares on each of the criteria:

  • The Services index in Ithaca is 104.

  • The Groceries index in Ithaca is 109.

  • The Health index in Ithaca is 140.

  • The Housing index in Ithaca is 111.

  • The Transportation index in Ithaca is 113.

  • The Utilities index in Ithaca is 108.

Living Expense Ithaca New York National Average
Overall 115 121 100
Services 104 105 100
Groceries 109 108 100
Health 140 143 100
Housing 111 112 100
Transportation 113 114 100
Utilities 108 111 100

Ithaca Cost Of Living Compared To New York Averages

Services
Ithaca 104
New York avg 105
Groceries
Ithaca 109
New York avg 108
Health
Ithaca 140
New York avg 143
Housing
Ithaca 111
New York avg 112
Transportation
Ithaca 113
New York avg 114
Utilities
Ithaca 108
New York avg 111

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New York, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Ithaca, NY Housing Cost Breakdown

$410,620Median Home Value
$1,447Median Rent
$48,784Median Income

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 Ithaca is $410,620.

  • The Median Rent in Ithaca is $1,447.

  • The Median Income in Ithaca is $48,784.

  • The Home Value To Income in Ithaca is 8.4x.

  • The Rent To Monthly Income in Ithaca is 0.36x.

Statistic Ithaca New York United States
Median Home Value $410,620 $507,794 $332,700
Median Rent $1,447 $1,621 $1,413
Median Income $48,784 $85,974 $80,734
Home Value To Income 8.4x 5.9x 4.1x
Rent To Monthly Income 0.36x 0.23x 0.21x

Ithaca, NY Costs By Category

Detailed Ithaca Services costs vs. New York
Item Ithaca New York
Shampoo $1.33 $1.28
Movie $13.27 $12.13
Bowling $16.74 $18
Haircut $20.03 $24.26
Beauty Salon $42.39 $45.56
Detailed Ithaca Groceries costs vs. New York
Item Ithaca New York
Ground Beef $5.93 $5.84
Fried Chicken $1.39 $1.57
Milk $4.71 $4.67
Potatoes $5.13 $4.93
Pizza $14.83 $12.09
Beer $10.15 $10.41
Toothpaste $3.62 $3.7
Detailed Ithaca Health costs vs. New York
Item Ithaca New York
Optometrist $160.58 $125.68
Doctor $115.23 $135.78
Dentist $110.48 $113.29
Detailed Ithaca Transportation costs vs. New York
Item Ithaca New York
Gasoline $3.59 $3.46
Tire Balancing $69.82 $59.92
Detailed Ithaca Utilities costs vs. New York
Item Ithaca New York
All Electricity $166.89 $193.99
Phone $194.41 $192.25

Ithaca SnackAbility

7Overall SnackAbility
Jobs 6/10
Housing 8.5/10
Affordability 3/10
Diversity 9/10
Safety 4/10
Amenities 9.5/10
Education 9.5/10
Commute 9/10

Cost Of Living In Cities Around Ithaca

The cost of living varies in the cities and towns around Ithaca. Here's a quick look at the cost of living in the most populous nearby places:

  • Endwell, NY has a cost of living index of 100, 0.9x Ithaca.

  • Fairmount, NY has a cost of living index of 100, 0.9x Ithaca.

  • Baldwinsville, NY has a cost of living index of 102, 0.9x Ithaca.

City Population Cost Of Living Vs. Ithaca
Endwell, NY 11,546 100 0.9x
Fairmount, NY 9,724 100 0.9x
Baldwinsville, NY 7,715 102 0.9x
Seneca Falls, NY 6,956 96 0.8x
South Hill, NY 6,951 116 1.0x
Solvay, NY 6,544 98 0.9x
Big Flats, NY 5,651 109 0.9x
Sayre, PA 5,431 99 0.9x
Westvale, NY 5,212 107 0.9x