Yonkers, NY Cost Of Living
Cost Of Living In Yonkers, NY Summary
Cost of living in Yonkers 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 Yonkers 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 Yonkers is 147, with 100 being the average.
The cost of living index in Yonkers is 1.5x higher than the national average.
Yonkers ranks as the #229 cheapest in New York out of 340.
Yonkers ranks as the #5,771 cheapest out of 6,412 in the US.
The median home value in Yonkers is $420,000.
The median income in Yonkers is $72,403.
Table Of Contents
Yonkers's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Yonkers, NY?
According to the most recent data on the cost of living, Yonkers has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to New York, Yonkers has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Yonkers ranks as #229 most affordable out of the 340 places we measured in New York. By definition, that implies Yonkers ranks as the #111 most expensive place in the Empire State.
For more reading on life in Yonkers, check out:
- Living In Yonkers
- Yonkers Crime Report
- Search Homes For Sale In Yonkers, NY
In New York
In America
Yonkers Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Yonkers. Here is how it fairs on each of the criteria:
The Services index in Yonkers is 134.
The Groceries index in Yonkers is 150.
The Health index in Yonkers is 112.
The Housing index in Yonkers is 181.
The Transportation index in Yonkers is 130.
The Utilities index in Yonkers is 100.
| Living Expense | Yonkers | New York | National Average | |
|---|---|---|---|---|
| Overall | 147 | 126 | 100 | |
| Services | 134 | 110 | 100 | |
| Groceries | 150 | 104 | 100 | |
| Health | 112 | 105 | 100 | |
| Housing | 181 | 175 | 100 | |
| Transportation | 130 | 107 | 100 | |
| Utilities | 100 | 102 | 100 | |
Yonkers, 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 Yonkers is $420,000.
The Median Rent in Yonkers is $1,550.
The Median Income in Yonkers is $72,403.
The Home Value To Income in Yonkers is 5.8x.
The Rent To Monthly Income in Yonkers is 0.26x.
| Statistic | Yonkers | New York | United States |
|---|---|---|---|
| Median Home Value | $420,000 | $340,600 | $244,900 |
| Median Rent | $1,550 | $1,390 | $1,163 |
| Median Income | $72,403 | $75,157 | $69,021 |
| Home Value To Income | 5.8x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Yonkers, NY Costs By Category
Detailed Yonkers Services Costs Vs. New York
Detailed Yonkers Groceries Costs Vs. New York
Detailed Yonkers Health Costs Vs. New York
Detailed Yonkers Transportation Costs Vs. New York
Detailed Yonkers Utilities Costs Vs. New York
Yonkers SnackAbility
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Cost Of Living In Cities Around Yonkers
The cost of living varies in the cities and towns around Yonkers. Here's a quick look at the cost of living in the most populous nearby places:
Mount Vernon, NY has a cost of living index of 142, 1.0x Yonkers.
Eastchester, NY has a cost of living index of 163, 1.1x Yonkers.
Port Washington, NY has a cost of living index of 185, 1.3x Yonkers.
| City | Population | Cost Of Living | Vs. Yonkers |
|---|---|---|---|
| Mount Vernon, NY | 72,855 | 142 | 1.0x |
| Eastchester, NY | 20,636 | 163 | 1.1x |
| Port Washington, NY | 16,807 | 185 | 1.3x |
| North New Hyde Park, NY | 15,125 | 170 | 1.2x |
| Greenville, OH | 12,785 | 77 | 0.5x |
| Dobbs Ferry, NY | 11,511 | 169 | 1.1x |
| Hastings-on-Hudson, NY | 8,505 | 172 | 1.2x |
| Briarcliff Manor, NY | 7,587 | 175 | 1.2x |
| Williston Park, NY | 7,571 | 163 | 1.1x |
| Pleasantville, NY | 7,469 | 164 | 1.1x |
