Cost of Living in Geneva, NY

Population 12,573 · 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

Geneva offers a notably favorable income-to-housing ratio for its region. The typical home — $140,000 — costs less than 2.1 times median household income of $68,242, a threshold many coastal markets passed a decade ago.

Located 40 miles southeast of Rochester, Geneva falls within that metro's commuting orbit. Median home values run roughly 16% higher than Rochester's $121,000.

Cost Overview

Housing 46

Rent 73

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

About the Cost of Living in Geneva

The median home value in Geneva is $140,300 — 54% below the national median of $305,000. Median rent runs $959/month, 27% lower than the national median of $1,314/month. The median household income of $68,242/year is 8% lower than the US median of $74,580. The local unemployment rate is 3.4%, 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 57.8°F and lows of 39.6°F. Overall, Geneva has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value

$140,300

54% below avg

Zillow Home Value

$212,521

Zillow ZHVI

Median Rent

$959/mo

27% below avg

Price-to-Rent Ratio

12.2x

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 49.2%

Renter-occupied 50.8%

💰 Estimated Monthly Budget

Rent median rent

$959

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $1,573/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

17.9 min

34% below avg

Gas Price

$3.145/gal

0% below avg

Work From Home

7.5%

Commute Mode

Drove alone

65.2%

Carpooled

10.4%

Public transit

0.3%

Walked

14.6%

Bicycle

0.6%

Work from home

7.5%

⚡ 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

$68,242

8% below avg

Per Capita Income

$35,041

Unemployment Rate

3.4%

29% below avg

Poverty Rate

18.3%

Labor Force Participation

59.8%

🎓 Education

Bachelor's degree+ 19.4%

Graduate degree 14.8%

👥 Demographics

Median Age 33.3

Male median age 32.4

Female median age 34.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High

57.8°F

Avg Low

39.6°F

Annual Precip

30.2"

Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
High °F	33	35	43	56	69	77	81	80	73	61	48	38
Low °F	18	19	25	36	47	57	62	60	53	43	33	25
Precip"	1.49	1.26	2.06	2.81	2.88	2.77	3.39	2.84	3.89	2.88	2.14	1.83

🏫 Schools

NCES CCD 2019 — public school district data

82%

4-Year Graduation Rate

9.4:1

Student-teacher ratio

Public schools

2,193

Total enrollment

Frequently Asked Questions

What is the cost of living in Geneva, NY?

Geneva has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in Geneva, NY?

The median gross rent in Geneva is $959 per month based on 2023 Census data.

What is the average home price in Geneva?

The median home value in Geneva is $140,300 according to Zillow and Census data.

What is the median income in Geneva?

The median household income in Geneva is $68,242 per year (2023 ACS 5-year estimates).

What is the sales tax in Geneva, NY?

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

Is Geneva, NY affordable?

Yes, Geneva is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

What is the weather like in Geneva?

Geneva has average high temperatures of 57.8°F and average lows of 39.6°F. Annual precipitation is 30.2". Data from NOAA 1991–2020 Climate Normals.

Geneva at a Glance

Population: 12,573
Median Income: $68,242
Home Value: $140,300
Median Rent: $959/mo
Unemployment: 3.4%
Avg High Temp: 57.8°F
Sales Tax: 8.5%

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