Cost Of Living in Horseheads, NY

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

Get Access to 300+ Local Data Points

A

5%

Overall NAT. AVG.

1%

Goods & Services NAT. AVG.

23%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Horseheads	New York	National
Cost of living	95	117	100
Goods & Services	101	108	100
Groceries	99	102	100
Health care	103	103	100
Housing	77	145	100
Transportation	108	105	100
Utilities	105	100	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 →

Cost Of Living Quick Facts

The cost of living in Horseheads is 19% lower than the New York average
The cost of living in Horseheads is 5% lower than the national average
Horseheads housing is 23% 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 Horseheads

See all the best places to live around Horseheads

Compare Horseheads, NY Cost of Living

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

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

See all Horseheads 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

See the best places to live in Horseheads

Safest Cities In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$69,669	$5,806	$1,626	$2,090
Renters	$37,311	$3,109	$871	$1,119

The affordability of the housing market in Horseheads, 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 Horseheads homeowners, the median income is $69,669. This indicates that a monthly maximum of $1,626 should be spent by homeowners on all housing related costs. Renters have a median income of $37,311. This indicates that renters would have a maximum of $871 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%

Goods & Services

Item	Horseheads	National avg.	Difference
Haircut	$20.03	$24.26	17.4%
Beauty Salon	$42.39	$45.56	7.0%
Toothpaste	$3.62	$3.70	2.2%
Shampoo	$1.33	$1.28	4.1%
Movie	$13.27	$12.13	9.4%
Bowling	$16.74	$18.00	7.0%

Groceries

Item	Horseheads	National avg.	Difference
Ground Beef	$5.93	$5.84	1.6%
Fried Chicken	$1.39	$1.57	11.4%
Milk	$4.71	$4.67	0.8%
Potatoes	$5.13	$4.93	3.9%
Pizza	$14.83	$12.09	22.7%
Beer	$10.15	$10.41	2.5%

Health Care

Item	Horseheads	National avg.	Difference
Optometrist	$160.58	$125.68	27.8%
Doctor	$115.23	$135.78	15.1%
Dentist	$110.48	$113.29	2.5%
Ibuprofen	$10.49	$10.65	1.5%
Lipitor	$530.04	$468.60	13.1%

Housing

Item	Horseheads	National avg.	Difference
Home Price	$117,600.00	$184,700.00	36.3%
Avg. Mortgage Payment	$2,384.28	$2,346.69	1.6%
Apartment Rent	$1,019.00	$949.00	7.4%

Transportation

Item	Horseheads	National avg.	Difference
Gasoline	$3.59	$3.46	3.8%
Tire Balancing	$69.82	$59.92	16.5%

Utilities

Item	Horseheads	National avg.	Difference
All Electricity	$166.89	$193.99	14.0%
Phone	$194.41	$192.25	1.1%

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	Population	Cost of Living Index	National Avg.
Erin, NY	441	80	19.7%
Elmira, NY	27,236	87	12.8%
Breesport, NY	873	88	11.9%
Millport, NY	442	88	11.7%
Newfield Hamlet, NY	759	88	11.6%
Horseheads, NY	6,388	95	5.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
West Yarmouth, MA	6,388	127	27.1%
Laurel Bay, SC	6,388	100	0.1%
Belpre, OH	6,387	89	11.1%
Naples Manor, FL	6,391	110	10.3%
Islamorada, Village of Islands, FL	6,384	170	69.7%
Horseheads, NY	6,388	95	5.3%