Cost of Living in Homer, NY

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A
2%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
24%
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 Homer New York National
Cost of living98121100
Groceries104106100
Health care107110100
Housing76144100
Transportation111113100
Utilities112112100
Lifestyle & Entertainment107111100
Household Items105106100
Education & Childcare113118100
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Homes For Sale In Homer, NY

property for sale

50 Center St

Homer, NY
property for sale

19 John St

Homer, NY
property for sale

Franklin St

Homer, NY
property for sale

Franklin St

Homer, NY

Cost Of Living Quick Facts

  • The cost of living in Homer is 18% lower than the New York average
  • The cost of living in Homer is 2% lower than the national average
  • Homer housing is 24% lower 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 Homer

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Compare Homer, NY Cost of Living

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      Salary Calculator

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      Transportation index
      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$106,873$8,906$2,494$3,207
      Renters$57,586$4,799$1,344$1,728

      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.
      Marathon, NY1,080927.8%
      McGraw, NY1,173937.4%
      Blodgett Mills, NY217936.8%
      Moravia, NY1,467964.4%
      Cortland, NY19,302963.9%
      Homer, NY3,205981.6%

      Cities with similar population

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      Harbor Bluffs, FL3,20413433.9%
      Red Bay, AL3,2068019.9%
      Orchidlands Estates, HI3,20612828.1%
      Homer, NY3,205981.6%
      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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