Cost of Living in Elma Center, NY

Population 3,091 · New York · Data vintage 2023

122
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Elma Center is a smaller New York community of around 3000 residents, where median household incomes of $115,859 and housing costs ($409,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.

Elma Center sits roughly 12 miles east of Buffalo — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 169% higher than Buffalo's $152,000.

Cost Overview

Housing 134
Rent 104

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

About the Cost of Living in Elma Center

The median home value in Elma Center is $409,000 — 34% above the national median of $305,000. Median rent runs $1,367/month, 4% higher than the national median of $1,314/month. The median household income of $115,859/year is 55% higher than the US median of $74,580. The local unemployment rate is 2.9%, below 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 56.8°F and lows of 40.9°F, with about 95.4" of annual snowfall. Overall, Elma Center has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.

🏠 Housing

Median Home Value
$409,000
34% above avg
Median Rent
$1,367/mo
4% above avg
Price-to-Rent Ratio
24.9x
Favors renting
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 86.9%
Renter-occupied 13.1%

💰 Estimated Monthly Budget

Rent median rent
$1,367
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,981/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
30.1 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.2%

Commute Mode

Drove alone
81.0%
Carpooled
7.8%
Walked
0.1%
Work from home
11.2%

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
$115,859
55% above avg
Per Capita Income
$86,624
Unemployment Rate
2.9%
39% below avg
Poverty Rate
2.2%
Labor Force Participation
56.8%

🎓 Education

Bachelor's degree+ 24.3%
Graduate degree 28.1%

👥 Demographics

Median Age 40.6
Male median age 35.6
Female median age 52.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.8°F
Avg Low
40.9°F
Annual Precip
40.7"
Annual Snowfall
95.4"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323342556776807972604837
Low °F 192026374858636255443426
Precip" 3.352.492.893.373.373.373.233.234.104.033.503.75
Snow" 26.718.114.12.50.00.00.00.00.00.97.825.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
54.2%
Good air days/yr
176
Max AQI recorded
275
PM2.5 days
86
Ozone days

Frequently Asked Questions

What is the cost of living in Elma Center, NY?

Elma Center has a cost index of 122 (100 = national average). It is 22% above the national average.

What is average rent in Elma Center, NY?

The median gross rent in Elma Center is $1,367 per month based on 2023 Census data.

What is the average home price in Elma Center?

The median home value in Elma Center is $409,000 according to 2023 Census ACS data.

What is the median income in Elma Center?

The median household income in Elma Center is $115,859 per year (2023 ACS 5-year estimates).

What is the sales tax in Elma Center, NY?

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

Is Elma Center, NY affordable?

Elma Center is above average in cost of living, with an index of 122 — about 22% higher than the national average.

What is the weather like in Elma Center?

Elma Center has average high temperatures of 56.8°F and average lows of 40.9°F. Annual precipitation is 40.7". Average annual snowfall is 95.4". Data from NOAA 1991–2020 Climate Normals.

Elma Center at a Glance

Population
3,091
Median Income
$115,859
Home Value
$409,000
Median Rent
$1,367/mo
Unemployment
2.9%
Avg High Temp
56.8°F
Sales Tax
8.5%
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