Cost Of Living in Forest Home, NY

Get 300+ Local Insights for Any Address in Forest Home, NY

Get Access to 300+ Local Data Points

F

42%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

120%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Forest Home	New York	National
Cost of living	142	121	100
Groceries	104	106	100
Health care	107	110	100
Housing	220	144	100
Transportation	111	113	100
Utilities	112	112	100
Lifestyle & Entertainment	107	111	100
Household Items	105	106	100
Education & Childcare	113	118	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Forest Home, NY

210 Forest Home Dr

Ithaca, NY

Cost Of Living Quick Facts

The cost of living in Forest Home is 18% higher than the New York average
The cost of living in Forest Home is 42% higher than the national average
Forest Home housing is 120% higher than the national average
New York general sales tax is 22% lower than the national average
New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Forest Home

See all the best places to live around Forest Home

Compare Forest Home, NY Cost of Living

Write a review to give others more information about this area.

See all Forest Home poll results

The best places in New York

Here are the best places to live in New York

These are the largest cities in New York

Check out the 10 most dangerous cities in New York

Safest States In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$260,026	$21,669	$6,067	$7,802
Renters	$88,675	$7,390	$2,069	$2,661

New York Sales Tax

State	General Sales Tax	With Max Surtax
New York	4%	8.875%

New York Income Tax

State	Income Tax (Low)	Income Tax (High)
New York	4%	10.9%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Newfield Hamlet, NY	784	93	7.1%
Interlaken, NY	589	94	5.7%
Cortland, NY	19,302	96	3.9%
Groton, NY	2,099	98	2.5%
Homer, NY	3,205	98	1.6%
Forest Home, NY	895	142	41.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Rainbow City, AZ	895	80	19.6%
Odell, IL	895	88	12.0%
Linn Valley, KS	895	87	12.5%
Breesport, NY	895	92	7.7%
Hills, IA	894	97	3.2%
Forest Home, NY	895	142	41.7%