West Elmira 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.
IndexWest ElmiraNew YorkNational
Cost of living index98122100
IndexWest ElmiraNew YorkNational
Goods & Services index100112100
Groceries index104103100
Health care index112104100
Housing index87149100
Transportation index123122100
Utilities index91102100
Here we can see a simple outline of the cost of living in West Elmira, NY. As you can see, with the average cost of living in West Elmira, NY being 98, that puts it 19% lower than the average of New York and 2% 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 West Elmira, NY, the price of goods and services are 11% lower than the average of New York as well as equal to the nation's average.

Did you know?

  • The cost of living in West Elmira is 19% lower than the New York average.
  • The cost of living in West Elmira is 2% lower than the national average.
  • The cost of housing in West Elmira is 13% 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 West Elmira, NY Cost of living To Other Cities

Salary Calculator

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Health care index
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Use the salary calculator to compare your current salary in West Elmira, NY to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in West Elmira, NY, then you would need to earn more income in order to maintain the same standard of living. To use the West Elmira, NY salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$82,168$6,847$1,917$2,465
Renters$37,009$3,084$863$1,110
If you want to find a good determining factor for the cost of living and the general affordability of housing in West Elmira, 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 West Elmira, NY, the median monthly income is $82,168 for those who own their own homes. Under the standard rule, that income level would allow for $1,917 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $37,009, per the median income in the area. That would allow for renters to spend up to $863 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 considering the overall cost of living expenses in West Elmira, NY, it's important to take into account the sales tax for New York, as well as the rate for income tax in New York. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for New York is 8.875%, and the sales tax in the state of New York is 4%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in New York starts from 4% and goes up to 8.82%.

Goods & Services

ItemWest ElmiraNational 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

ItemWest ElmiraNational 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

ItemWest ElmiraNational 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

ItemWest ElmiraNational avg.Difference
Home Price $132,800.00$175,700.0024.4%
Avg. Mortgage Payment $1,281.68$1,081.0318.6%
Apartment Rent $1,054.00$920.0014.6%

Transportation

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

Utilities

ItemWest ElmiraNational 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.
Erin, NY38476-24%
Tioga, PA65386-14%
Wellsburg, NY55887-13%
Elmira, NY29,04687-13%
Elmira Heights, NY4,11188-12%
West Elmira, NY5,07798-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Camilla, GA5,07883-17%
Kings Point, NY5,076225125%
Benson, AZ5,07582-18%
Bright, IN5,07993-7%
Shenandoah, IA5,07981-19%
West Elmira, NY5,07798-2%
Source: The West Elmira, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.