Cost of Living in Albion, NY

Population 5,495 · New York · Data vintage 2023

44
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Albion run well below national norms — a median of $45,474 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $81,000). A poverty rate near 23% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Albion is about 30 miles west of Rochester, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 33% lower than Rochester's $121,000.

Cost Overview

Housing 27
Rent 70

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Albion

The median home value in Albion is $81,300 — 73% below the national median of $305,000. Median rent runs $914/month, 30% lower than the national median of $1,314/month. The median household income of $45,474/year is 39% lower than the US median of $74,580. The local unemployment rate is 10.8%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 58.5°F and lows of 40.6°F, with about 102" of annual snowfall. Overall, Albion has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.

🏠 Housing

Median Home Value
$81,300
73% below avg
Median Rent
$914/mo
30% below avg
Price-to-Rent Ratio
7.4x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 65.0%
Renter-occupied 35.0%

💰 Estimated Monthly Budget

Rent median rent
$914
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,528/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
32.9 min
22% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.9%

Commute Mode

Drove alone
74.5%
Carpooled
5.1%
Walked
4.4%
Bicycle
1.2%
Work from home
12.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$45,474
39% below avg
Per Capita Income
$26,164
Unemployment Rate
10.8%
125% above avg
Poverty Rate
23.1%
Labor Force Participation
55.6%

🎓 Education

Bachelor's degree+ 2.7%
Graduate degree 4.7%

👥 Demographics

Median Age 47.8
Male median age 41.6
Female median age 51.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.5°F
Avg Low
40.6°F
Annual Precip
35.1"
Annual Snowfall
102"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 333544576978838174614939
Low °F 192027374857626154433425
Precip" 2.552.132.492.992.863.373.563.313.183.222.762.67
Snow" 27.423.117.93.00.10.00.00.00.00.18.122.3

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
13.7:1
Student-teacher ratio
3
Public schools
1,892
Total enrollment

Frequently Asked Questions

What is the cost of living in Albion, NY?

Albion has a cost index of 44 (100 = national average). It is 56% below the national average.

What is average rent in Albion, NY?

The median gross rent in Albion is $914 per month based on 2023 Census data.

What is the average home price in Albion?

The median home value in Albion is $81,300 according to 2023 Census ACS data.

What is the median income in Albion?

The median household income in Albion is $45,474 per year (2023 ACS 5-year estimates).

What is the sales tax in Albion, NY?

The combined state and local sales tax rate in Albion is 8.5%. The New York state income tax top rate is 10.9%.

Is Albion, NY affordable?

Yes, Albion is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.

What is the weather like in Albion?

Albion has average high temperatures of 58.5°F and average lows of 40.6°F. Annual precipitation is 35.1". Average annual snowfall is 102". Data from NOAA 1991–2020 Climate Normals.

Albion at a Glance

Population
5,495
Median Income
$45,474
Home Value
$81,300
Median Rent
$914/mo
Unemployment
10.8%
Avg High Temp
58.5°F
Sales Tax
8.5%
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