Cost of Living in Hamilton, NY

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C+
10%
Overall NAT. AVG.
6%
Groceries NAT. AVG.
8%
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 Hamilton New York National
Cost of living110121100
Groceries106106100
Health care109110100
Housing108144100
Transportation115113100
Utilities110112100
Lifestyle & Entertainment113111100
Household Items104106100
Education & Childcare119118100
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Homes For Sale In Hamilton, NY

property for sale

98 Eaton St

Hamilton, NY
property for sale

7175 Horton Rd

Hamilton, NY
property for sale

404 Tamarack Ter

Hamilton, NY
property for sale

62 Broad St

Hamilton, NY

Cost Of Living Quick Facts

  • The cost of living in Hamilton is 9% lower than the New York average
  • The cost of living in Hamilton is 10% higher than the national average
  • Hamilton housing is 8% 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 Hamilton

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Compare Hamilton, NY Cost of Living

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      Salary Calculator

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      Cost of living index
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      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$142,131$11,844$3,316$4,264
      Renters$32,073$2,673$748$962
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Hamilton, NY, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Hamilton, homeowners have a median income of $142,131. Using that number, a maximum of $3,316 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $32,073, which means there is a maximum of $748 to be spent on the costs of renting a home or apartment.

      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.
      Smyrna, NY193919.4%
      New Berlin, NY999945.5%
      Oriskany Falls, NY793945.5%
      Earlville, NY879955.3%
      Munnsville, NY437955.2%
      Hamilton, NY3,7781109.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Louisburg, NC3,778982.1%
      Zelienople, PA3,7781055.2%
      Turners Falls, MA3,77911211.7%
      Columbus, TX3,776954.6%
      Channel-Port aux Basques, NL3,776n/a 
      Hamilton, NY3,7781109.7%
      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.
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