Cost Of Living in Phelps, NY

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A

2%

Overall NAT. AVG.

6%

Groceries NAT. AVG.

27%

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	Phelps	New York	National
Cost of living	98	121	100
Groceries	106	106	100
Health care	107	110	100
Housing	73	144	100
Transportation	114	113	100
Utilities	110	112	100
Lifestyle & Entertainment	109	111	100
Household Items	106	106	100
Education & Childcare	113	118	100

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Homes For Sale In Phelps, NY

State Route 96

Phelps, NY

2032 Falkey Rd

Phelps, NY

0 Packwood RD

Waterloo, NY

2256 Townline Rd

Geneva, NY

Cost Of Living Quick Facts

The cost of living in Phelps is 18% lower than the New York average
The cost of living in Phelps is 2% lower than the national average
Phelps housing is 27% 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

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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	$89,678	$7,473	$2,092	$2,691
Renters	$48,508	$4,042	$1,132	$1,455

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.
Port Gibson, NY	891	109	9.1%
Clyde, NY	1,876	90	10.0%
Romulus, NY	446	92	8.1%
Lyons, NY	3,420	93	7.3%
Rushville, NY	749	93	7.1%
Phelps, NY	2,262	98	1.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Jarales, NM	2,262	84	16.1%
North Zanesville, OH	2,262	94	5.5%
Vernon, AL	2,261	83	16.7%
Mokuleia, HI	2,261	187	86.9%
Fannett, TX	2,261	100	0.0%
Phelps, NY	2,262	98	1.6%