Cost of Living in Ithaca, NY
Cost of Living in Ithaca, NY | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 43% lower | 0% |
Utilities (Monthly) | 1% higher | 5% higher |
Food | 9% lower | 6% lower |
Healthcare | 4% higher | 11% higher |
Transportation | 6% lower | 0% |
Goods & Services | 6% lower | 3% higher |
The cost of living in Ithaca, NY is 20% lower than the state average and 1% higher than the national average. Ithaca, NY housing is 0% as the U.S average, while utilities are about 5% pricier. When it comes to basic necessities such as food and clothing, groceries are around 6% cheaper in Ithaca, NY than in the rest of the country, while clothing costs around 3% more .
Healthcare services such as doctor check-ups and dentistry cost 11% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 3% pricier in Ithaca, NY.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Ithaca is $2,187, while home prices circle around $464,227.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Ithaca, energy bills cost around $217.79 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.42 in Ithaca, a dozen eggs go for around $3.31 and a pound of potatoes circles around $5.42.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Ithaca, an optometry check-up costs around $143.43, while a dentist appointment is priced $117.50 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.67 in Ithaca, while getting your tires balanced will run you about $80.45.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $24.03 here. Meanwhile, a pair of women's slacks will set you back around $45.21.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Ithaca, you should budget around $14.33 a month. When it comes to personal services, a haircut usually goes for $24.48, while dry cleaning costs about $20.73.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Ithaca, the median household income is $45,468.