Cost of Living in Canton, NY

Population 7,222 · New York · Data vintage 2023

60
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Canton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $183,000. Unemployment has stayed elevated relative to the national figure — 7.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Canton lies roughly 120 miles northeast of the nearest major metro, Syracuse — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 46% higher than Syracuse's $125,000.

Cost Overview

Housing 60
Rent 59

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

About the Cost of Living in Canton

The median home value in Canton is $182,900 — 40% below the national median of $305,000. Median rent runs $775/month, 41% lower than the national median of $1,314/month. The median household income of $62,438/year is 16% lower than the US median of $74,580. The local unemployment rate is 7.0%, 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 54.7°F and lows of 34.5°F, with about 77.3" of annual snowfall. Overall, Canton has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.

🏠 Housing

Median Home Value
$182,900
40% below avg
Zillow Home Value
$177,206
Zillow ZHVI
Median Rent
$775/mo
41% below avg
Price-to-Rent Ratio
19.7x
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 42.0%
Renter-occupied 58.0%

💰 Estimated Monthly Budget

Rent median rent
$775
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,389/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
13.6 min
50% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.1%

Commute Mode

Drove alone
51.6%
Carpooled
5.9%
Public transit
0.6%
Walked
27.9%
Bicycle
0.6%
Work from home
13.1%

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
$62,438
16% below avg
Per Capita Income
$26,177
Unemployment Rate
7.0%
46% above avg
Poverty Rate
19.7%
Labor Force Participation
44.9%

🎓 Education

Bachelor's degree+ 22.7%
Graduate degree 25.0%

👥 Demographics

Median Age 22.4
Male median age 21.7
Female median age 23.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.7°F
Avg Low
34.5°F
Annual Precip
38.2"
Annual Snowfall
77.3"
20° 40° 60° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 273039536775807871584534
Low °F 7819334555595749382816
Precip" 2.231.992.293.053.153.823.923.413.944.852.912.63
Snow" 18.917.512.53.50.00.00.00.00.00.25.119.6

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
11.5:1
Student-teacher ratio
3
Public schools
1,274
Total enrollment

Frequently Asked Questions

What is the cost of living in Canton, NY?

Canton has a cost index of 60 (100 = national average). It is 40% below the national average.

What is average rent in Canton, NY?

The median gross rent in Canton is $775 per month based on 2023 Census data.

What is the average home price in Canton?

The median home value in Canton is $182,900 according to Zillow and Census data.

What is the median income in Canton?

The median household income in Canton is $62,438 per year (2023 ACS 5-year estimates).

What is the sales tax in Canton, NY?

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

Is Canton, NY affordable?

Yes, Canton is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.

What is the weather like in Canton?

Canton has average high temperatures of 54.7°F and average lows of 34.5°F. Annual precipitation is 38.2". Average annual snowfall is 77.3". Data from NOAA 1991–2020 Climate Normals.

Canton at a Glance

Population
7,222
Median Income
$62,438
Home Value
$182,900
Median Rent
$775/mo
Unemployment
7.0%
Avg High Temp
54.7°F
Sales Tax
8.5%
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