Cost of living in Oneida 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 Oneida 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 Oneida is 90, with 100 being the average.
The cost of living index in Oneida is 0.9x lower than the national average.
Oneida ranks as the #37 cheapest in New York out of 340.
Oneida ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Oneida is $121,400.
The median income in Oneida is $49,516.
According to the most recent data on the cost of living, Oneida has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to New York, Oneida has a cost of living index that's 0.7x lower than New York's index of 126.
The standard of living in Oneida ranks as #37 most affordable out of the 340 places we measured in New York. By definition, that implies Oneida ranks as the #303 most expensive place in the Empire State.
For more reading on life in Oneida, check out:
Six factors go into calculating the cost of living index in Oneida. Here is how it fairs on each of the criteria:
The Services index in Oneida is 108.
The Groceries index in Oneida is 97.
The Health index in Oneida is 105.
The Housing index in Oneida is 60.
The Transportation index in Oneida is 91.
The Utilities index in Oneida is 99.
Living Expense | Oneida | New York | National Average | |
---|---|---|---|---|
Overall | 90 | 126 | 100 | |
Services | 108 | 110 | 100 | |
Groceries | 97 | 104 | 100 | |
Health | 105 | 105 | 100 | |
Housing | 60 | 175 | 100 | |
Transportation | 91 | 107 | 100 | |
Utilities | 99 | 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 Oneida is $121,400.
The Median Rent in Oneida is $775.
The Median Income in Oneida is $49,516.
The Home Value To Income in Oneida is 2.5x.
The Rent To Monthly Income in Oneida is 0.19x.
Statistic | Oneida | New York | United States |
---|---|---|---|
Median Home Value | $121,400 | $340,600 | $244,900 |
Median Rent | $775 | $1,390 | $1,163 |
Median Income | $49,516 | $75,157 | $69,021 |
Home Value To Income | 2.5x | 4.5x | 3.5x |
Rent To Monthly Income | 0.19x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Oneida. Here's a quick look at the cost of living in the most populous nearby places:
Cortland, NY has a cost of living index of 89, 1.0x Oneida.
Fairmount, NY has a cost of living index of 93, 1.0x Oneida.
Baldwinsville, NY has a cost of living index of 93, 1.0x Oneida.
City | Population | Cost Of Living | Vs. Oneida |
---|---|---|---|
Cortland, NY | 17,577 | 89 | 1.0x |
Fairmount, NY | 10,292 | 93 | 1.0x |
Baldwinsville, NY | 7,739 | 93 | 1.0x |
Norwich, NY | 6,982 | 88 | 1.0x |
North Syracuse, NY | 6,796 | 92 | 1.0x |
Solvay, NY | 6,661 | 90 | 1.0x |
Mattydale, NY | 6,250 | 91 | 1.0x |