Cost of living in Auburn 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 Auburn 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 Auburn is 90, with 100 being the average.
The cost of living index in Auburn is 0.9x lower than the national average.
Auburn ranks as the #37 cheapest in New York out of 340.
Auburn ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Auburn is $114,000.
The median income in Auburn is $44,076.
According to the most recent data on the cost of living, Auburn has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to New York, Auburn has a cost of living index that's 0.7x lower than New York's index of 126.
The standard of living in Auburn ranks as #37 most affordable out of the 340 places we measured in New York. By definition, that implies Auburn ranks as the #303 most expensive place in the Empire State.
For more reading on life in Auburn, check out:
Six factors go into calculating the cost of living index in Auburn. Here is how it fairs on each of the criteria:
The Services index in Auburn is 104.
The Groceries index in Auburn is 99.
The Health index in Auburn is 98.
The Housing index in Auburn is 57.
The Transportation index in Auburn is 96.
The Utilities index in Auburn is 103.
Living Expense | Auburn | New York | National Average | |
---|---|---|---|---|
Overall | 90 | 126 | 100 | |
Services | 104 | 110 | 100 | |
Groceries | 99 | 104 | 100 | |
Health | 98 | 105 | 100 | |
Housing | 57 | 175 | 100 | |
Transportation | 96 | 107 | 100 | |
Utilities | 103 | 102 | 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 2017-2021. The key points are:
The Median Home Value in Auburn is $114,000.
The Median Rent in Auburn is $786.
The Median Income in Auburn is $44,076.
The Home Value To Income in Auburn is 2.6x.
The Rent To Monthly Income in Auburn is 0.21x.
Statistic | Auburn | New York | United States |
---|---|---|---|
Median Home Value | $114,000 | $340,600 | $244,900 |
Median Rent | $786 | $1,390 | $1,163 |
Median Income | $44,076 | $75,157 | $69,021 |
Home Value To Income | 2.6x | 4.5x | 3.5x |
Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Auburn. Here's a quick look at the cost of living in the most populous nearby places:
Fairmount, NY has a cost of living index of 93, 1.0x Auburn.
Baldwinsville, NY has a cost of living index of 93, 1.0x Auburn.
Seneca Falls, NY has a cost of living index of 89, 1.0x Auburn.
City | Population | Cost Of Living | Vs. Auburn |
---|---|---|---|
Fairmount, NY | 10,292 | 93 | 1.0x |
Baldwinsville, NY | 7,739 | 93 | 1.0x |
Seneca Falls, NY | 6,700 | 89 | 1.0x |
Solvay, NY | 6,661 | 90 | 1.0x |