Cost of Living in Alfred, NY

Population 4,632 · New York · Data vintage 2023

58
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $45,357, median household incomes in Alfred land roughly 39% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 33% 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.

Located 65 miles south of Rochester, Alfred is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 40% higher than Rochester's $121,000.

Cost Overview

Housing 55
Rent 61

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

About the Cost of Living in Alfred

The median home value in Alfred is $169,100 — 45% below the national median of $305,000. Median rent runs $807/month, 39% lower than the national median of $1,314/month. The median household income of $45,357/year is 39% lower than the US median of $74,580. The local unemployment rate is 15.2%, 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 54.4°F and lows of 38.4°F. Overall, Alfred has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.

🏠 Housing

Median Home Value
$169,100
45% below avg
Zillow Home Value
$389,184
Zillow ZHVI
Median Rent
$807/mo
39% below avg
Price-to-Rent Ratio
17.5x
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 52.5%
Renter-occupied 47.5%

💰 Estimated Monthly Budget

Rent median rent
$807
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,421/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
13.0 min
52% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.0%

Commute Mode

Drove alone
35.9%
Carpooled
2.7%
Public transit
1.3%
Walked
44.6%
Bicycle
0.5%
Work from home
14.0%

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
$45,357
39% below avg
Per Capita Income
$12,949
Unemployment Rate
15.2%
217% above avg
Poverty Rate
32.7%
Labor Force Participation
42.6%

🎓 Education

Bachelor's degree+ 18.5%
Graduate degree 50.6%

👥 Demographics

Median Age 20
Male median age 20.1
Female median age 20

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.4°F
Avg Low
38.4°F
Annual Precip
37.2"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 293241546673787669574534
Low °F 171925354655595851413223
Precip" 2.111.632.453.493.283.924.153.783.523.562.832.49

Frequently Asked Questions

What is the cost of living in Alfred, NY?

Alfred has a cost index of 58 (100 = national average). It is 42% below the national average.

What is average rent in Alfred, NY?

The median gross rent in Alfred is $807 per month based on 2023 Census data.

What is the average home price in Alfred?

The median home value in Alfred is $169,100 according to Zillow and Census data.

What is the median income in Alfred?

The median household income in Alfred is $45,357 per year (2023 ACS 5-year estimates).

What is the sales tax in Alfred, NY?

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

Is Alfred, NY affordable?

Yes, Alfred is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.

What is the weather like in Alfred?

Alfred has average high temperatures of 54.4°F and average lows of 38.4°F. Annual precipitation is 37.2". Data from NOAA 1991–2020 Climate Normals.

Alfred at a Glance

Population
4,632
Median Income
$45,357
Home Value
$169,100
Median Rent
$807/mo
Unemployment
15.2%
Avg High Temp
54.4°F
Sales Tax
8.5%
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Explore county-level cost of living data

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