Olean, NY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
82
Olean's Overall Cost Of Living
0.8x
Lower Than The National Average
5 out of 338
In New York
408 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Olean is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Olean, NY?

According to the most recent data on the cost of living, Olean has an overall cost of living index of 82 which is 0.8x lower than the national index of 100.

Compared to only New York, Olean has a cost of living index that's 0.7x lower than New York's index of 117.

The standard of living in Olean ranks as #408 most affordable out of the 6,522 places we measured in New York. By definition, that implies Olean ranks as the #5,998 most expensive place in the Empire State.

For more reading on life in Olean, check out:

Olean Cost Of Living Vs. New York

Living Expense Olean New York National Average
Overall 82 117 100
Services 98 108 100
Groceries 96 108 100
Health 85 101 100
Housing 47 145 100
Transportation 98 102 100
Utilities 96 97 100
For more reading on cost of living around New York, check out:
Olean Cost of Living Vs. NY

Olean, NY Housing Cost Breakdown

Housing swings affordability the most between places in New York, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$80,200
Median Home Value
$648
Median Rent
$41,742
Median Income
Statistic Olean New York United States
Median Home Value $80,200 $313,700 $217,500
Median Rent $648 $1,280 $1,062
Median Income $41,742 $68,486 $62,843
Home Value To Income 1.9x 4.6x 3.5x
Rent To Monthly Income 0.19x 0.22x 0.2x

Detailed Olean Services Costs Vs. New York

Item Olean New York
Shampoo $0.92 $1.01
Movie $10.74 $10.72
Bowling $14.0 $13.86

Detailed Olean Groceries Costs Vs. New York

Item Olean New York
Ground Beef $3.43 $3.9
Fried Chicken $1.44 $1.4
Milk $1.77 $1.96

Detailed Olean Health Costs Vs. New York

Item Olean New York
Haircut $16.96 $17.49
Beauty Salon $36.14 $38.17
Toothpaste $1.89 $2.32

Detailed Olean Transportation Costs Vs. New York

Item Olean New York
Potatoes $3.74 $3.18
Pizza $9.99 $10.39
Beer $9.49 $9.23
Optometrist $63.6 $106.34
Doctor $84.0 $115.25
Dentist $84.92 $98.38

Detailed Olean Utilities Costs Vs. New York

Item Olean New York
Gasoline $2.8 $2.59
Tire Balancing $41.64 $48.9
All Electricity $152.08 $167.6
Phone $186.5 $163.42

Olean SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
4
Affordability
8.5
Diversity
6
Safety
5
Amenities
8.5
Education
7
Commute
9.5

Cost Of Living In Cities Around Olean

City Population Cost Of Living Vs. Olean
Jamestown, NY 29,504 81 1.0x
St. Marys, PA 12,429 89 1.1x
Hamburg, NY 9,636 93 1.1x
Warren, PA 9,191 82 1.0x
Bradford, PA 8,355 80 1.0x
Hornell, NY 8,281 85 1.0x
East Aurora, NY 6,184 95 1.2x
Salamanca, NY 5,497 81 1.0x

Articles About New York

Enjoy The Snack?