Cost of Living in Hamilton, NY
Population 4,038 · New York · Data vintage 2023
(100 = US avg)
Hamilton sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.8% points to a labor market well on the tight side of the national distribution.
Geographically, Hamilton is about 35 miles east of Syracuse, the nearest large metro. Median home values run roughly 105% higher than Syracuse's $125,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hamilton
The median home value in Hamilton is $256,700 — 16% below the national median of $305,000. Median rent runs $1,123/month, 15% lower than the national median of $1,314/month. The median household income of $62,000/year is 17% lower than the US median of $74,580. The local unemployment rate is 1.8%, 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 56.0°F and lows of 37.4°F. Overall, Hamilton has a cost of living index of 85 versus the US average of 100, meaning it is 15% less expensive.
Hamilton has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 30 | 32 | 41 | 55 | 68 | 76 | 81 | 79 | 72 | 59 | 46 | 35 |
| Low °F | 14 | 15 | 23 | 35 | 46 | 55 | 60 | 58 | 51 | 41 | 31 | 21 |
| Precip" | 2.65 | 2.26 | 3.02 | 3.91 | 3.88 | 4.47 | 4.18 | 4.68 | 3.47 | 4.29 | 3.63 | 3.56 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Hamilton, NY?
Hamilton has a cost index of 85 (100 = national average). It is 15% below the national average.
What is average rent in Hamilton, NY?
The median gross rent in Hamilton is $1,123 per month based on 2023 Census data.
What is the average home price in Hamilton?
The median home value in Hamilton is $256,700 according to Zillow and Census data.
What is the median income in Hamilton?
The median household income in Hamilton is $62,000 per year (2023 ACS 5-year estimates).
What is the sales tax in Hamilton, NY?
The combined state and local sales tax rate in Hamilton is 8.5%. The New York state income tax top rate is 10.9%.
Is Hamilton, NY affordable?
Yes, Hamilton is generally considered affordable, with a cost of living index of 85 — about 15% below the US national average of 100.
What is the weather like in Hamilton?
Hamilton has average high temperatures of 56.0°F and average lows of 37.4°F. Annual precipitation is 44". Data from NOAA 1991–2020 Climate Normals.
Hamilton at a Glance
- Population
- 4,038
- Median Income
- $62,000
- Home Value
- $256,700
- Median Rent
- $1,123/mo
- Unemployment
- 1.8%
- Avg High Temp
- 56.0°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
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