Cost of Living in Geneseo, NY

Population 7,700 · New York · Data vintage 2023

70
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Geneseo's median household income of $44,830 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (34% here). Unemployment has stayed elevated relative to the national figure — 7.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 25 miles southwest of Rochester, Geneseo falls within that metro's commuting orbit. Median home values run roughly 72% higher than Rochester's $121,000.

Cost Overview

Housing 68
Rent 72

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

About the Cost of Living in Geneseo

The median home value in Geneseo is $207,700 — 32% below the national median of $305,000. Median rent runs $949/month, 28% lower than the national median of $1,314/month. The median household income of $44,830/year is 40% lower than the US median of $74,580. The local unemployment rate is 7.5%, 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 59.7°F and lows of 39.3°F. Overall, Geneseo has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.

🏠 Housing

Median Home Value
$207,700
32% below avg
Median Rent
$949/mo
28% below avg
Price-to-Rent Ratio
18.2x
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 41.9%
Renter-occupied 58.1%

💰 Estimated Monthly Budget

Rent median rent
$949
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,563/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
17.8 min
34% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.4%

Commute Mode

Drove alone
58.7%
Carpooled
4.9%
Public transit
2.8%
Walked
25.0%
Bicycle
0.2%
Work from home
7.4%

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
$44,830
40% below avg
Per Capita Income
$21,773
Unemployment Rate
7.5%
56% above avg
Poverty Rate
33.9%
Labor Force Participation
48.8%

🎓 Education

Bachelor's degree+ 20.6%
Graduate degree 29.6%

👥 Demographics

Median Age 21.3
Male median age 21.6
Female median age 21.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.7°F
Avg Low
39.3°F
Annual Precip
29"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353745597179838175625039
Low °F 181926354756605952423325
Precip" 1.291.121.902.462.753.073.473.412.672.792.231.88

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
9.7:1
Student-teacher ratio
3
Public schools
876
Total enrollment

Frequently Asked Questions

What is the cost of living in Geneseo, NY?

Geneseo has a cost index of 70 (100 = national average). It is 30% below the national average.

What is average rent in Geneseo, NY?

The median gross rent in Geneseo is $949 per month based on 2023 Census data.

What is the average home price in Geneseo?

The median home value in Geneseo is $207,700 according to 2023 Census ACS data.

What is the median income in Geneseo?

The median household income in Geneseo is $44,830 per year (2023 ACS 5-year estimates).

What is the sales tax in Geneseo, NY?

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

Is Geneseo, NY affordable?

Yes, Geneseo is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.

What is the weather like in Geneseo?

Geneseo has average high temperatures of 59.7°F and average lows of 39.3°F. Annual precipitation is 29". Data from NOAA 1991–2020 Climate Normals.

Geneseo at a Glance

Population
7,700
Median Income
$44,830
Home Value
$207,700
Median Rent
$949/mo
Unemployment
7.5%
Avg High Temp
59.7°F
Sales Tax
8.5%
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Explore county-level cost of living data

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