Medina, NY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Medina, NY Summary

Cost of living in Medina research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Medina is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Medina is 84, with 100 being the average.

  • The cost of living index in Medina is 0.8x lower than the national average.

  • Medina ranks as the #8 cheapest in New York out of 340.

  • Medina ranks as the #629 cheapest out of 6,412 in the US.

  • The median home value in Medina is $82,800.

  • The median income in Medina is $46,433.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
84
Medina's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Medina, NY?

According to the most recent data on the cost of living, Medina has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.

Compared to New York, Medina has a cost of living index that's 0.7x lower than New York's index of 126.

The standard of living in Medina ranks as #8 most affordable out of the 340 places we measured in New York. By definition, that implies Medina ranks as the #332 most expensive place in the Empire State.

For more reading on life in Medina, check out:

8 out of 340
In New York
629 out of 6,412
In America

Medina Cost Of Living Vs. New York

Six factors go into calculating the cost of living index in Medina. Here is how it fairs on each of the criteria:

  • The Services index in Medina is 101.

  • The Groceries index in Medina is 93.

  • The Health index in Medina is 88.

  • The Housing index in Medina is 48.

  • The Transportation index in Medina is 96.

  • The Utilities index in Medina is 95.

Living Expense Medina New York National Average
Overall 84 126 100
Services 101 110 100
Groceries 93 104 100
Health 88 105 100
Housing 48 175 100
Transportation 96 107 100
Utilities 95 102 100
For more reading on cost of living around New York, check out:
Medina Cost of Living Vs. NY

Medina, NY Housing Cost Breakdown

Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Medina is $82,800.

  • The Median Rent in Medina is $825.

  • The Median Income in Medina is $46,433.

  • The Home Value To Income in Medina is 1.8x.

  • The Rent To Monthly Income in Medina is 0.21x.

Statistic Medina New York United States
Median Home Value $82,800 $340,600 $244,900
Median Rent $825 $1,390 $1,163
Median Income $46,433 $75,157 $69,021
Home Value To Income 1.8x 4.5x 3.5x
Rent To Monthly Income 0.21x 0.22x 0.2x
Search Homes For Sale In Medina, NY
$82,800
Median Home Value
$825
Median Rent
$46,433
Median Income

Medina, NY Costs By Category

Detailed Medina Services Costs Vs. New York

Item Medina New York
Shampoo $0.95 $1.06
Movie $11.16 $10.68
Bowling $15.0 $14.67
Haircut $17.42 $18.62
Beauty Salon $38.64 $39.05

Detailed Medina Groceries Costs Vs. New York

Item Medina New York
Ground Beef $3.89 $4.22
Fried Chicken $1.23 $1.39
Milk $2.27 $2.05
Potatoes $3.41 $3.29
Pizza $11.66 $10.62
Beer $9.49 $9.38
Toothpaste $1.72 $2.34

Detailed Medina Health Costs Vs. New York

Item Medina New York
Optometrist $62.78 $108.57
Doctor $94.5 $116.17
Dentist $83.55 $99.13

Detailed Medina Transportation Costs Vs. New York

Item Medina New York
Gasoline $2.29 $2.22
Tire Balancing $42.61 $50.07

Detailed Medina Utilities Costs Vs. New York

Item Medina New York
All Electricity $153.91 $167.67
Phone $189.34 $175.64

Medina SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
5
Affordability
8
Diversity
6
Safety
6
Amenities
8
Education
6
Commute
8.5

Cost Of Living In Cities Around Medina

The cost of living varies in the cities and towns around Medina. Here's a quick look at the cost of living in the most populous nearby places:

  • Lockport, NY has a cost of living index of 85, 1.0x Medina.

  • Batavia, NY has a cost of living index of 91, 1.1x Medina.

  • South Lockport, NY has a cost of living index of 85, 1.0x Medina.

City Population Cost Of Living Vs. Medina
Lockport, NY 20,876 85 1.0x
Batavia, NY 15,497 91 1.1x
South Lockport, NY 8,480 85 1.0x
Albion, NY 5,281 88 1.0x

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