Cost of Living: Ithaca, NY vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,116/mo in Ithaca, NY versus $4,116/mo in New York, NY. In the model, rent is about 21% of gross in Ithaca, NY versus 25.92% in New York, NY, so Ithaca, NY tends to feel more affordable for rent.

Take-home in Ithaca, NY
$4,116/mo
Income level: above
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Ithaca, NY
21%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Ithaca, NY and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Ithaca, NY
  • Lower rent (median 1BR/2BR): Ithaca, NY
  • Lower home prices: Ithaca, NY
  • Higher median household income: New York, NY

Cost of Living Index

Ithaca, NY: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Ithaca, NY has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Ithaca, NY: $1,369/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $321/mo higher than in Ithaca, NY.

Median Home Price

Ithaca, NY: $330,100 · New York, NY: $751,700

Median home price in New York, NY is $421,600 higher than in Ithaca, NY.

Median Household Income

Ithaca, NY: $48,617 · New York, NY: $79,713

New York, NY has a higher median household income than Ithaca, NY by $31,096.

Ithaca, NY overview · New York, NY overview · Popular comparisons