Here's what it costs to live in Ithaca, New York, based on the latest US government data. Renters pay a median of $1,441 per month, while the typical home is valued around $330,100. Households earn a median of $48,617 per year, so rent absorbs a relatively high share of local income. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$48,617
Annual · Census ACS
Median Gross Rent
$1,441
Per month · Census ACS
Median Home Value
$330,100
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,263
HUD Fair Market Rent
1BR Fair Market Rent
$1,466
HUD FMR
2BR Fair Market Rent
$1,753
HUD FMR
3BR Fair Market Rent
$2,102
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
10.90%
Top marginal rate
State Sales Tax
4.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
31,792
Latest estimate
Median Age
23.6 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Ithaca?
The cost of living index for Ithaca is not yet available in our database.
What is the median rent in Ithaca?
The median gross rent in Ithaca is $1,441 per month according to US Census ACS data.
What is the median household income in Ithaca?
The median household income in Ithaca is $48,617 per year.
What is the median home value in Ithaca?
The median home value in Ithaca is $330,100 based on the latest Census ACS survey.
How is the air quality in Ithaca?
Air quality data for Ithaca is not yet available.
What are the taxes like in Ithaca?
New York has a top state income tax rate of 10.90% and a statewide sales tax of 4.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology