Fredonia, NY Cost Of Living
Cost Of Living In Fredonia, NY Summary
Cost of living in Fredonia 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 Fredonia 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 Fredonia is 90, with 100 being the average.
The cost of living index in Fredonia is 0.9x lower than the national average.
Fredonia ranks as the #37 cheapest in New York out of 340.
Fredonia ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Fredonia is $150,100.
The median income in Fredonia is $57,240.
Table Of Contents
Fredonia's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Fredonia, NY?
According to the most recent data on the cost of living, Fredonia has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to New York, Fredonia has a cost of living index that's 0.7x lower than New York's index of 126.
The standard of living in Fredonia ranks as #37 most affordable out of the 340 places we measured in New York. By definition, that implies Fredonia ranks as the #303 most expensive place in the Empire State.
For more reading on life in Fredonia, check out:
- Living In Fredonia
- Fredonia Crime Report
- Search Homes For Sale In Fredonia, NY
In New York
In America
Fredonia Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Fredonia. Here is how it fairs on each of the criteria:
The Services index in Fredonia is 98.
The Groceries index in Fredonia is 95.
The Health index in Fredonia is 86.
The Housing index in Fredonia is 70.
The Transportation index in Fredonia is 96.
The Utilities index in Fredonia is 95.
| Living Expense | Fredonia | New York | National Average | |
|---|---|---|---|---|
| Overall | 90 | 126 | 100 | |
| Services | 98 | 110 | 100 | |
| Groceries | 95 | 104 | 100 | |
| Health | 86 | 105 | 100 | |
| Housing | 70 | 175 | 100 | |
| Transportation | 96 | 107 | 100 | |
| Utilities | 95 | 102 | 100 | |
Fredonia, 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 Fredonia is $150,100.
The Median Rent in Fredonia is $797.
The Median Income in Fredonia is $57,240.
The Home Value To Income in Fredonia is 2.6x.
The Rent To Monthly Income in Fredonia is 0.17x.
| Statistic | Fredonia | New York | United States |
|---|---|---|---|
| Median Home Value | $150,100 | $340,600 | $244,900 |
| Median Rent | $797 | $1,390 | $1,163 |
| Median Income | $57,240 | $75,157 | $69,021 |
| Home Value To Income | 2.6x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Fredonia, NY Costs By Category
Detailed Fredonia Services Costs Vs. New York
Detailed Fredonia Groceries Costs Vs. New York
Detailed Fredonia Health Costs Vs. New York
Detailed Fredonia Transportation Costs Vs. New York
Detailed Fredonia Utilities Costs Vs. New York
Fredonia SnackAbility
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Cost Of Living In Cities Around Fredonia
The cost of living varies in the cities and towns around Fredonia. Here's a quick look at the cost of living in the most populous nearby places:
Kenmore, NY has a cost of living index of 89, 1.0x Fredonia.
Eggertsville, NY has a cost of living index of 89, 1.0x Fredonia.
Dunkirk, NY has a cost of living index of 80, 0.9x Fredonia.
| City | Population | Cost Of Living | Vs. Fredonia |
|---|---|---|---|
| Kenmore, NY | 15,207 | 89 | 1.0x |
| Eggertsville, NY | 14,577 | 89 | 1.0x |
| Dunkirk, NY | 12,651 | 80 | 0.9x |
| Lancaster, NY | 10,046 | 89 | 1.0x |
| Hamburg, NY | 9,722 | 91 | 1.0x |
| East Aurora, NY | 6,095 | 97 | 1.1x |
| Harris Hill, NY | 6,078 | 104 | 1.2x |
| Williamsville, NY | 5,419 | 93 | 1.0x |
