Cost of Living in Homer, NY
Population 3,110 · New York · Data vintage 2023
(100 = US avg)
Housing costs in Homer stay well under national norms: a median home value of $161,000 against median household incomes of $71,675 gives the city one of the more comfortable price-to-income ratios in New York. An unemployment rate of 1.7% points to a labor market well on the tight side of the national distribution.
Geographically, Homer is about 30 miles south of Syracuse, the nearest large metro. Median home values run roughly 28% higher than Syracuse's $125,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Homer
The median home value in Homer is $160,500 — 47% below the national median of $305,000. Median rent runs $1,050/month, 20% lower than the national median of $1,314/month. The median household income of $71,675/year is 4% lower than the US median of $74,580. The local unemployment rate is 1.7%, 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 55.2°F and lows of 35.2°F. Overall, Homer has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.
Homer 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 | 33 | 41 | 54 | 67 | 75 | 79 | 77 | 70 | 58 | 46 | 35 |
| Low °F | 13 | 14 | 22 | 33 | 43 | 52 | 56 | 54 | 48 | 38 | 29 | 21 |
| Precip" | 2.67 | 2.71 | 3.30 | 3.82 | 3.62 | 4.19 | 3.69 | 4.04 | 3.52 | 3.60 | 3.32 | 3.18 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Homer, NY?
Homer has a cost index of 64 (100 = national average). It is 36% below the national average.
What is average rent in Homer, NY?
The median gross rent in Homer is $1,050 per month based on 2023 Census data.
What is the average home price in Homer?
The median home value in Homer is $160,500 according to 2023 Census ACS data.
What is the median income in Homer?
The median household income in Homer is $71,675 per year (2023 ACS 5-year estimates).
What is the sales tax in Homer, NY?
The combined state and local sales tax rate in Homer is 8.5%. The New York state income tax top rate is 10.9%.
Is Homer, NY affordable?
Yes, Homer is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.
What is the weather like in Homer?
Homer has average high temperatures of 55.2°F and average lows of 35.2°F. Annual precipitation is 41.7". Data from NOAA 1991–2020 Climate Normals.
Homer at a Glance
- Population
- 3,110
- Median Income
- $71,675
- Home Value
- $160,500
- Median Rent
- $1,050/mo
- Unemployment
- 1.7%
- Avg High Temp
- 55.2°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
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