Cost of Living in Hornell, NY

Get 300+ Local Insights for Any Address in Hornell, NY

Get Access to 300+ Local Data Points
A+
10%
Overall NAT. AVG.
6%
Groceries NAT. AVG.
55%
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 Hornell New York National
Cost of living90121100
Groceries106106100
Health care107110100
Housing45144100
Transportation114113100
Utilities110112100
Lifestyle & Entertainment109111100
Household Items106106100
Education & Childcare113118100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Hornell, NY

property for sale

81 Wood St

Hornell, NY
property for sale

90 Frank St

Hornell, NY
property for sale

3 Maxwell Ave

Hornell, NY
property for sale

6921 Upper Glen Ave

Hornell, NY
See the Newest Homes For Sale In Hornell, NY

Cost Of Living Quick Facts

  • The cost of living in Hornell is 25% lower than the New York average
  • The cost of living in Hornell is 10% lower than the national average
  • Hornell housing is 55% 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 Hornell

See all the best places to live around Hornell

Compare Hornell, NY Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Hornell?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Hornell?
      Write a review to give others more information about this area.
      See all Hornell poll results

      The best places in New York

      Here are the best places to live in New YorkMost Dangerous Cities In The USCheck out the 10 most dangerous cities in New YorkSee the best places to live in Hornell
      Best Places in New York

      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$96,586$8,049$2,254$2,898
      Renters$39,587$3,299$924$1,188
      The affordability of the housing market in Hornell, NY as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Hornell homeowners, the median income is $96,586. This indicates that a monthly maximum of $2,254 should be spent by homeowners on all housing related costs. Renters have a median income of $39,587. This indicates that renters would have a maximum of $924 for their rent related monthly costs.

      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.
      Dalton, NY4598812.3%
      Andover, NY8809010.1%
      Cohocton, NY1,093909.8%
      Wellsville, NY4,554919.2%
      Canisteo, NY2,400909.5%
      Hornell, NY8,5039010.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Meadow Lakes, AK8,50412020.1%
      St. Joseph, MI8,505981.6%
      Kenilworth, NJ8,50513434.5%
      Castle Shannon, PA8,499946.4%
      Temple Hills, MD8,50811817.7%
      Hornell, NY8,5039010.1%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026