Cost of Living in Solvay, NY

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A
2%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
29%
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 Solvay New York National
Cost of living98121100
Groceries105106100
Health care110110100
Housing71144100
Transportation110113100
Utilities114112100
Lifestyle & Entertainment108111100
Household Items105106100
Education & Childcare117118100
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Homes For Sale In Solvay, NY

property for sale

206 Salisbury Rd

Syracuse, NY
property for sale

716 Scarboro Dr

Syracuse, NY
property for sale

114 Freeman Ave

Syracuse, NY
property for sale

303 Bacon St

Syracuse, NY

Cost Of Living Quick Facts

  • The cost of living in Solvay is 19% lower than the New York average
  • The cost of living in Solvay is 2% lower than the national average
  • Solvay housing is 29% 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 Solvay

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      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$110,862$9,239$2,587$3,326
      Renters$59,075$4,923$1,378$1,772
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Solvay, 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 Solvay, homeowners have a median income of $110,862. Using that number, a maximum of $2,587 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $59,075, which means there is a maximum of $1,378 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.
      Bridgeport, NY1,3828911.2%
      Jordan, NY1,489954.8%
      Lyncourt, NY4,034954.6%
      Syracuse, NY146,063954.5%
      Phoenix, NY2,696964.2%
      Solvay, NY6,437982.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rancho Calaveras, CA6,43613333.3%
      Gulf Park Estates, MS6,435972.7%
      Prosser, WA6,4391055.2%
      Woodland, WA6,43911717.2%
      Walker, LA6,440972.9%
      Solvay, NY6,437982.1%
      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.
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