Rome 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.
IndexRomeNew YorkNational
Cost of living index90122100
IndexRomeNew YorkNational
Goods & Services index100112100
Groceries index104103100
Health care index112104100
Housing index59149100
Transportation index123122100
Utilities index91102100
A general summary of the cost of living index in Rome, NY is shown above. Compared to the state average of New York the cost of living index in Rome, NY is 90, which is 26% lower than the average in New York and compared to the national average it is 10% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Rome, NY goods and services come in at 11% lower than the average in New York and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Rome is 26% lower than the New York average.
  • The cost of living in Rome is 10% lower than the national average.
  • The cost of housing in Rome is 41% 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 Rome, NY Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Using the salary calculator lets you compare the salary you earn in Rome, NY to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Rome, NY, you have to earn a higher income in order to still have the same standard of living. To operate the Rome, NY salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$61,263$5,105$1,429$1,838
Renters$29,966$2,497$699$899
One can approximate the cost of living and the housing affordability in Rome, NY by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Rome, NY have a median income of $61,263. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,429 per month to avoid calamity and poverty. The renters in the city have an income of about $29,966, which would make their monthly maximum allowable rental costs $699.

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 you are determining the total cost of living in Rome, NY you will want to make sure you consider both the New York sales tax and the New York income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in New York is 4%, with the highest surtax being 8.875%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in New York have a range from 4% to 8.82%.

Goods & Services

ItemRomeNational avg.Difference
Haircut $15.75$14.597.9%
Beauty Salon $34.25$34.681.2%
Toothpaste $3.08$2.4724.5%
Shampoo $1.51$1.0247.7%
Movie $10.50$9.876.4%
Bowling $4.00$4.398.9%

Groceries

ItemRomeNational avg.Difference
Ground Beef $4.41$4.481.5%
Fried Chicken $1.62$1.4610.7%
Milk $1.90$2.3619.4%
Potatoes $3.24$3.065.8%
Pizza $8.00$9.2413.4%
Beer $9.59$8.6311.1%

Health Care

ItemRomeNational avg.Difference
Optometrist $109.00$99.789.2%
Doctor $143.69$105.0336.8%
Dentist $87.00$88.701.9%
Ibuprofen $9.48$9.410.7%
Lipitor $320.90$298.507.5%

Housing

ItemRomeNational avg.Difference
Home Price $89,700.00$175,700.0048.9%
Avg. Mortgage Payment $1,281.68$1,081.0318.6%
Apartment Rent $710.00$920.0022.8%

Transportation

ItemRomeNational avg.Difference
Gasoline $2.63$2.0926.0%
Tire Balancing $51.93$45.2914.7%

Utilities

ItemRomeNational avg.Difference
All Electricity$179.24$170.804.9%
Phone $19.99$28.2629.3%
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.
Westmoreland, NY32388-12%
Verona, NY57688-12%
Utica, NY61,85290-10%
Yorkville, NY2,67790-10%
Whitesboro, NY3,74990-10%
Rome, NY33,16190-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lawndale, CA33,15513333%
Randolph, MA33,13513232%
Riviera Beach, FL33,12397-3%
Land O' Lakes, FL33,1121011%
Woodridge, IL33,22711111%
Rome, NY33,16190-10%
Source: The Rome, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.