Carthage cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCarthageNew YorkNational
Cost of living index96122100
IndexCarthageNew YorkNational
Goods & Services index103112100
Groceries index98103100
Health care index99104100
Housing index77149100
Transportation index126122100
Utilities index94102100
Here we can see a simple outline of the cost of living in Carthage, NY. As you can see, with the average cost of living in Carthage, NY being 96, that puts it 21% lower than the average of New York and 4% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Carthage, NY, the price of goods and services are 8% lower than the average of New York as well as 3% higher than the nation's average.

Did you know?

  • The cost of living in Carthage is 21% lower than the New York average.
  • The cost of living in Carthage is 4% lower than the national average.
  • The cost of housing in Carthage is 23% lower than the national average.
  • New York general sales tax is 21% lower than the national average.
  • New York state income tax is 80% higher than the national average.

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Compare Carthage, NY Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Carthage, NY would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Carthage, NY, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Carthage, NY salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Carthage, NY, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Carthage, NY, the median monthly income is $72,000 for those who own their own homes. Under the standard rule, that income level would allow for $1,680 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $30,296, per the median income in the area. That would allow for renters to spend up to $707 on monthly rental expenses.

New York Sales Tax

StateGeneral Sales TaxWith Max Surtax
New York4%8.875%

New York Income Tax

StateIncome Tax (Low)Income Tax (High)
New York4%8.82%
When assessing the complete cost of living in Carthage, NY, the New York income tax and the New York sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New York maximum surtax is 8.875%, and the New York sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 4% to 8.82% in New York.

Goods & Services

ItemCarthageNational avg.Difference
Haircut $12.67$14.5913.2%
Beauty Salon $33.75$34.682.7%
Toothpaste $2.37$2.474.2%
Shampoo $1.00$1.022.2%
Movie $9.92$9.870.5%
Bowling $4.92$4.3912.0%


ItemCarthageNational avg.Difference
Ground Beef $3.86$4.4813.8%
Fried Chicken $1.99$1.4635.9%
Milk $2.28$2.363.3%
Potatoes $2.99$3.062.3%
Pizza $11.00$9.2419.0%
Beer $8.09$8.636.3%

Health Care

ItemCarthageNational avg.Difference
Optometrist $114.11$99.7814.4%
Doctor $100.22$105.034.6%
Dentist $87.06$88.701.9%
Ibuprofen $9.24$9.411.8%
Lipitor $303.30$298.501.6%


ItemCarthageNational avg.Difference
Home Price $133,300.00$175,700.0024.1%
Avg. Mortgage Payment $949.46$1,081.0312.2%
Apartment Rent $741.00$920.0019.5%


ItemCarthageNational avg.Difference
Gasoline $2.72$2.0930.0%
Tire Balancing $52.74$45.2916.5%


ItemCarthageNational avg.Difference
All Electricity$153.03$170.8010.4%
Phone $27.99$28.260.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Natural Bridge, NY73490-10%
Herrings, NY8586-14%
Harrisville, NY56294-6%
Croghan, NY69191-9%
Castorland, NY40192-8%
Carthage, NY3,68996-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Emerald Isle, NC3,68912828%
Waikapu, HI3,68917373%
Leisure Village East, NJ3,6891099%
Forsyth, IL3,6901044%
Dell Rapids, SD3,68793-7%
Carthage, NY3,68996-4%
Source: The Carthage, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.