Cost of living in Jamestown 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 Jamestown 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 Jamestown is 82, with 100 being the average.
The cost of living index in Jamestown is 0.8x lower than the national average.
Jamestown ranks as the #4 cheapest in New York out of 340.
Jamestown ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Jamestown is $66,100.
The median income in Jamestown is $36,162.
According to the most recent data on the cost of living, Jamestown has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to New York, Jamestown has a cost of living index that's 0.7x lower than New York's index of 126.
The standard of living in Jamestown ranks as #4 most affordable out of the 340 places we measured in New York. By definition, that implies Jamestown ranks as the #336 most expensive place in the Empire State.
For more reading on life in Jamestown, check out:
Six factors go into calculating the cost of living index in Jamestown. Here is how it fairs on each of the criteria:
The Services index in Jamestown is 101.
The Groceries index in Jamestown is 93.
The Health index in Jamestown is 85.
The Housing index in Jamestown is 44.
The Transportation index in Jamestown is 100.
The Utilities index in Jamestown is 98.
Living Expense | Jamestown | New York | National Average | |
---|---|---|---|---|
Overall | 82 | 126 | 100 | |
Services | 101 | 110 | 100 | |
Groceries | 93 | 104 | 100 | |
Health | 85 | 105 | 100 | |
Housing | 44 | 175 | 100 | |
Transportation | 100 | 107 | 100 | |
Utilities | 98 | 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 Jamestown is $66,100.
The Median Rent in Jamestown is $646.
The Median Income in Jamestown is $36,162.
The Home Value To Income in Jamestown is 1.8x.
The Rent To Monthly Income in Jamestown is 0.21x.
Statistic | Jamestown | New York | United States |
---|---|---|---|
Median Home Value | $66,100 | $340,600 | $244,900 |
Median Rent | $646 | $1,390 | $1,163 |
Median Income | $36,162 | $75,157 | $69,021 |
Home Value To Income | 1.8x | 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 Jamestown. Here's a quick look at the cost of living in the most populous nearby places:
Erie, PA has a cost of living index of 85, 1.0x Jamestown.
Dunkirk, NY has a cost of living index of 80, 1.0x Jamestown.
Fredonia, NY has a cost of living index of 90, 1.1x Jamestown.
City | Population | Cost Of Living | Vs. Jamestown |
---|---|---|---|
Erie, PA | 95,536 | 85 | 1.0x |
Dunkirk, NY | 12,651 | 80 | 1.0x |
Fredonia, NY | 10,018 | 90 | 1.1x |
Hamburg, NY | 9,722 | 91 | 1.1x |
Warren, PA | 9,363 | 84 | 1.0x |
Northwest Harborcreek, PA | 9,052 | 91 | 1.1x |
Centerville, SC | 7,276 | 88 | 1.1x |
Salamanca, NY | 5,918 | 82 | 1.0x |
Titusville, PA | 5,314 | 87 | 1.1x |
Edinboro, PA | 5,097 | 94 | 1.1x |