Cost of Living in Lawrence, NY

Population 6,771 · New York · Data vintage 2023

309
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $1.2 million, the typical home in Lawrence costs about 4× the national median, a premium characteristic of resort and luxury markets rather than primary-residence metros.

Geographically, Lawrence sits roughly 12 miles east of New York. Median home values run roughly 64% higher than New York's $752,000.

Cost Overview

Housing 404
Rent 167

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

About the Cost of Living in Lawrence

The median home value in Lawrence is $1,231,800 — 304% above the national median of $305,000. Median rent runs $2,188/month, 67% higher than the national median of $1,314/month. The median household income of $174,787/year is 134% higher than the US median of $74,580. The local unemployment rate is 5.4%, 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 61.6°F and lows of 47.0°F, with about 25.9" of annual snowfall. Overall, Lawrence has a cost of living index of 309 versus the US average of 100, meaning it is 209% more expensive.

🏠 Housing

Median Home Value
$1,231,800
304% above avg
Zillow Home Value
$238,314
Zillow ZHVI
Median Rent
$2,188/mo
67% above avg
Price-to-Rent Ratio
46.9x
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 82.0%
Renter-occupied 18.0%

💰 Estimated Monthly Budget

Rent median rent
$2,188
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,802/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
48.1 min
78% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.4%

Commute Mode

Drove alone
60.8%
Carpooled
9.2%
Public transit
14.3%
Walked
2.5%
Work from home
10.4%

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
$174,787
134% above avg
Per Capita Income
$92,758
Unemployment Rate
5.4%
12% above avg
Poverty Rate
1.5%
Labor Force Participation
49.0%

🎓 Education

Bachelor's degree+ 43.3%
Graduate degree 30.3%

👥 Demographics

Median Age 34.8
Male median age 29
Female median age 38.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.6°F
Avg Low
47.0°F
Annual Precip
43.3"
Annual Snowfall
25.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404249596878848276655445
Low °F 262734435362696861504032
Precip" 3.232.763.943.553.663.853.864.113.583.723.073.96
Snow" 7.58.64.30.60.00.00.00.00.00.00.44.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 31 — Good
75.3%
Good air days/yr
197
Max AQI recorded
365
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Lawrence, NY?

Lawrence has a cost index of 309 (100 = national average). It is 209% above the national average.

What is average rent in Lawrence, NY?

The median gross rent in Lawrence is $2,188 per month based on 2023 Census data.

What is the average home price in Lawrence?

The median home value in Lawrence is $1,231,800 according to Zillow and Census data.

What is the median income in Lawrence?

The median household income in Lawrence is $174,787 per year (2023 ACS 5-year estimates).

What is the sales tax in Lawrence, NY?

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

Is Lawrence, NY affordable?

Lawrence is above average in cost of living, with an index of 309 — about 209% higher than the national average.

What is the weather like in Lawrence?

Lawrence has average high temperatures of 61.6°F and average lows of 47.0°F. Annual precipitation is 43.3". Average annual snowfall is 25.9". Data from NOAA 1991–2020 Climate Normals.

Lawrence at a Glance

Population
6,771
Median Income
$174,787
Home Value
$1,231,800
Median Rent
$2,188/mo
Unemployment
5.4%
Avg High Temp
61.6°F
Sales Tax
8.5%
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🗺️ County data for New York

Explore county-level cost of living data

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