Cost of Living in Medford, NY

Population 25,681 · New York · Data vintage 2023

161
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

A 36-minute average commute puts Medford squarely in exurban territory — the kind of place where many households optimize for housing cost over proximity to work. Home values of $445,000 reflect that spatial discount.

Geographically, Medford is about 30 miles southeast of Bridgeport, the nearest large metro. Median home values run roughly 76% higher than Bridgeport's $252,000.

Cost Overview

Housing 146
Rent 183

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

About the Cost of Living in Medford

The median home value in Medford is $444,500 — 46% above the national median of $305,000. Median rent runs $2,404/month, 83% higher than the national median of $1,314/month. The median household income of $128,631/year is 72% higher than the US median of $74,580. The local unemployment rate is 4.0%, 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 60.8°F and lows of 44.0°F. Overall, Medford has a cost of living index of 161 versus the US average of 100, meaning it is 61% more expensive.

🏠 Housing

Median Home Value
$444,500
46% above avg
Zillow Home Value
$590,607
Zillow ZHVI
Median Rent
$2,404/mo
83% above avg
Price-to-Rent Ratio
15.4x
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 90.4%
Renter-occupied 9.6%

💰 Estimated Monthly Budget

Rent median rent
$2,404
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,018/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
36.0 min
33% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.5%

Commute Mode

Drove alone
73.0%
Carpooled
11.6%
Public transit
6.4%
Walked
0.1%
Work from home
8.5%

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
$128,631
72% above avg
Per Capita Income
$46,017
Unemployment Rate
4.0%
16% below avg
Poverty Rate
5.6%
Labor Force Participation
64.8%

🎓 Education

Bachelor's degree+ 19.0%
Graduate degree 11.7%

👥 Demographics

Median Age 39.6
Male median age 40
Female median age 39

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.8°F
Avg Low
44.0°F
Annual Precip
44.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394147586877838174645445
Low °F 242531404960666557463729
Precip" 2.973.104.624.063.473.703.243.043.903.993.654.50

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
76.2%
Good air days/yr
195
Max AQI recorded
86
PM2.5 days
278
Ozone days

Frequently Asked Questions

What is the cost of living in Medford, NY?

Medford has a cost index of 161 (100 = national average). It is 61% above the national average.

What is average rent in Medford, NY?

The median gross rent in Medford is $2,404 per month based on 2023 Census data.

What is the average home price in Medford?

The median home value in Medford is $444,500 according to Zillow and Census data.

What is the median income in Medford?

The median household income in Medford is $128,631 per year (2023 ACS 5-year estimates).

What is the sales tax in Medford, NY?

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

Is Medford, NY affordable?

Medford is above average in cost of living, with an index of 161 — about 61% higher than the national average.

What is the weather like in Medford?

Medford has average high temperatures of 60.8°F and average lows of 44.0°F. Annual precipitation is 44.2". Data from NOAA 1991–2020 Climate Normals.

Medford at a Glance

Population
25,681
Median Income
$128,631
Home Value
$444,500
Median Rent
$2,404/mo
Unemployment
4.0%
Avg High Temp
60.8°F
Sales Tax
8.5%
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Explore county-level cost of living data

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