Cost of Living in Corning, NY

Population 10,666 · New York · Data vintage 2023

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Corning is a smaller New York community of around 11000 residents, where median household incomes of $61,017 and housing costs ($148,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 6.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Corning lies roughly 75 miles southeast of the nearest major metro, Rochester. Median home values run roughly 23% higher than Rochester's $121,000.

Cost Overview

Housing 49

Rent 74

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

About the Cost of Living in Corning

The median home value in Corning is $148,300 — 51% below the national median of $305,000. Median rent runs $976/month, 26% lower than the national median of $1,314/month. The median household income of $61,017/year is 18% lower than the US median of $74,580. The local unemployment rate is 6.4%, 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 59.0°F and lows of 37.1°F. Overall, Corning has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.

🏠 Housing

Median Home Value

$148,300

51% below avg

Median Rent

$976/mo

26% below avg

Price-to-Rent Ratio

12.7x

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 50.7%

Renter-occupied 49.3%

💰 Estimated Monthly Budget

Rent median rent

$976

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $1,590/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

19.0 min

30% below avg

Gas Price

$3.145/gal

0% below avg

Work From Home

11.3%

Commute Mode

Drove alone

73.3%

Carpooled

6.5%

Public transit

0.5%

Walked

6.1%

Bicycle

1.8%

Work from home

11.3%

⚡ 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

$61,017

18% below avg

Per Capita Income

$43,091

Unemployment Rate

6.4%

32% above avg

Poverty Rate

15.8%

Labor Force Participation

66.9%

🎓 Education

Bachelor's degree+ 20.0%

Graduate degree 21.8%

👥 Demographics

Median Age 36.3

Male median age 34.9

Female median age 37.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High

59.0°F

Avg Low

37.1°F

Annual Precip

32.4"

Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
High °F	34	36	45	58	70	78	82	81	73	61	49	39
Low °F	16	17	24	34	44	54	58	57	49	39	30	23
Precip"	1.66	1.34	2.39	2.81	2.98	3.50	3.36	3.58	3.47	3.02	2.21	2.04

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good

75.1%

Good air days/yr

256

Max AQI recorded

153

PM2.5 days

212

Ozone days

Frequently Asked Questions

What is the cost of living in Corning, NY?

Corning has a cost index of 59 (100 = national average). It is 41% below the national average.

What is average rent in Corning, NY?

The median gross rent in Corning is $976 per month based on 2023 Census data.

What is the average home price in Corning?

The median home value in Corning is $148,300 according to 2023 Census ACS data.

What is the median income in Corning?

The median household income in Corning is $61,017 per year (2023 ACS 5-year estimates).

What is the sales tax in Corning, NY?

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

Is Corning, NY affordable?

Yes, Corning is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.

What is the weather like in Corning?

Corning has average high temperatures of 59.0°F and average lows of 37.1°F. Annual precipitation is 32.4". Data from NOAA 1991–2020 Climate Normals.

Corning at a Glance

Population: 10,666
Median Income: $61,017
Home Value: $148,300
Median Rent: $976/mo
Unemployment: 6.4%
Avg High Temp: 59.0°F
Sales Tax: 8.5%

View all cities in New York →

Nearby Cities

🗺️ County data for New York

Explore county-level cost of living data

New York Rankings

Similar Cost Cities

Cities in other states with comparable housing costs