Elmira, NY Cost Of Living
Cost Of Living In Elmira, NY Summary
Cost of living in Elmira 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 Elmira 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 Elmira is 85, with 100 being the average.
The cost of living index in Elmira is 0.8x lower than the national average.
Elmira ranks as the #12 cheapest in New York out of 340.
Elmira ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Elmira is $78,200.
The median income in Elmira is $41,675.
Table Of Contents
Elmira's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Elmira, NY?
According to the most recent data on the cost of living, Elmira has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to New York, Elmira has a cost of living index that's 0.7x lower than New York's index of 126.
The standard of living in Elmira ranks as #12 most affordable out of the 340 places we measured in New York. By definition, that implies Elmira ranks as the #328 most expensive place in the Empire State.
For more reading on life in Elmira, check out:
- Living In Elmira
- Elmira Crime Report
- Search Homes For Sale In Elmira, NY
In New York
In America
Elmira Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Elmira. Here is how it fairs on each of the criteria:
The Services index in Elmira is 105.
The Groceries index in Elmira is 100.
The Health index in Elmira is 96.
The Housing index in Elmira is 47.
The Transportation index in Elmira is 97.
The Utilities index in Elmira is 102.
| Living Expense | Elmira | New York | National Average | |
|---|---|---|---|---|
| Overall | 85 | 126 | 100 | |
| Services | 105 | 110 | 100 | |
| Groceries | 100 | 104 | 100 | |
| Health | 96 | 105 | 100 | |
| Housing | 47 | 175 | 100 | |
| Transportation | 97 | 107 | 100 | |
| Utilities | 102 | 102 | 100 | |
Elmira, 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 Elmira is $78,200.
The Median Rent in Elmira is $770.
The Median Income in Elmira is $41,675.
The Home Value To Income in Elmira is 1.9x.
The Rent To Monthly Income in Elmira is 0.22x.
| Statistic | Elmira | New York | United States |
|---|---|---|---|
| Median Home Value | $78,200 | $340,600 | $244,900 |
| Median Rent | $770 | $1,390 | $1,163 |
| Median Income | $41,675 | $75,157 | $69,021 |
| Home Value To Income | 1.9x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Elmira, NY Costs By Category
Detailed Elmira Services Costs Vs. New York
Detailed Elmira Groceries Costs Vs. New York
Detailed Elmira Health Costs Vs. New York
Detailed Elmira Transportation Costs Vs. New York
Detailed Elmira Utilities Costs Vs. New York
Elmira SnackAbility
/10
Cost Of Living In Cities Around Elmira
The cost of living varies in the cities and towns around Elmira. Here's a quick look at the cost of living in the most populous nearby places:
Corning, NY has a cost of living index of 91, 1.1x Elmira.
Southport, NY has a cost of living index of 89, 1.0x Elmira.
Horseheads, NY has a cost of living index of 93, 1.1x Elmira.
| City | Population | Cost Of Living | Vs. Elmira |
|---|---|---|---|
| Corning, NY | 10,708 | 91 | 1.1x |
| Southport, NY | 6,746 | 89 | 1.0x |
| Horseheads, NY | 6,564 | 93 | 1.1x |
| Big Flats, NY | 5,929 | 95 | 1.1x |
| Sayre, PA | 5,484 | 94 | 1.1x |
