Cost of Living in Elmira, NY
2024 data from the Bureau of Economic Analysis
Cost Index
94.4
5.6% below avg
Housing Index
76.4
Median Income
$61,358
Median Rent
$991/mo
Cost Breakdown
Overall94.4 (-5.6%)
Housing76.4 (-23.6%)
Goods99.7 (-0.3%)
Utilities131.6 (+31.6%)
Other Services97.8 (-2.2%)
National average = 100
Income & Housing
Median Household Income
$61,358/year
Median Home Value
$128,200
Median Monthly Rent
$991/mo
Per Capita Income
$34,304/year
Compare Elmira, NY With
Frequently Asked Questions
Is Elmira, NY expensive to live in?
Elmira, NY has a cost of living index of 94.4, which is 5.6% below the national average.
How much does housing cost in Elmira, NY?
Housing costs in Elmira, NY are indexed at 76.4 compared to the national average of 100. The median monthly rent is $991.
What is the average income in Elmira, NY?
The median household income in Elmira, NY is $61,358 per year.
What is the average home price in Elmira, NY?
The median home value in Elmira, NY is $128,200.