Cost of Living in Minoa, NY

Population 3,657 · New York · Data vintage 2023

67
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Minoa stay well under national norms: a median home value of $170,000 against median household incomes of $93,125 gives the city one of the more comfortable price-to-income ratios in New York. Unemployment has stayed elevated relative to the national figure — 13.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Minoa sits roughly 7 miles east of Syracuse. Median home values run roughly 36% higher than Syracuse's $125,000.

Cost Overview

Housing 56
Rent 82

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

About the Cost of Living in Minoa

The median home value in Minoa is $170,300 — 44% below the national median of $305,000. Median rent runs $1,084/month, 18% lower than the national median of $1,314/month. The median household income of $93,125/year is 25% higher than the US median of $74,580. The local unemployment rate is 13.5%, 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 57.6°F and lows of 39.4°F, with about 127.8" of annual snowfall. Overall, Minoa has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.

🏠 Housing

Median Home Value
$170,300
44% below avg
Zillow Home Value
$256,937
Zillow ZHVI
Median Rent
$1,084/mo
18% below avg
Price-to-Rent Ratio
13.1x
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 79.8%
Renter-occupied 20.2%

💰 Estimated Monthly Budget

Rent median rent
$1,084
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,698/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
20.5 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.1%

Commute Mode

Drove alone
81.2%
Carpooled
3.7%
Work from home
15.1%

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
$93,125
25% above avg
Per Capita Income
$42,484
Unemployment Rate
13.5%
180% above avg
Poverty Rate
4.8%
Labor Force Participation
61.7%

🎓 Education

Bachelor's degree+ 22.6%
Graduate degree 12.6%

👥 Demographics

Median Age 38.9
Male median age 36.6
Female median age 45.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.6°F
Avg Low
39.4°F
Annual Precip
39.9"
Annual Snowfall
127.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323442566977828073604837
Low °F 171825364757626053423324
Precip" 2.582.463.043.483.423.563.863.703.383.893.233.28
Snow" 34.030.319.83.00.10.00.00.00.00.29.830.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
75.6%
Good air days/yr
258
Max AQI recorded
177
PM2.5 days
184
Ozone days

Frequently Asked Questions

What is the cost of living in Minoa, NY?

Minoa has a cost index of 67 (100 = national average). It is 33% below the national average.

What is average rent in Minoa, NY?

The median gross rent in Minoa is $1,084 per month based on 2023 Census data.

What is the average home price in Minoa?

The median home value in Minoa is $170,300 according to Zillow and Census data.

What is the median income in Minoa?

The median household income in Minoa is $93,125 per year (2023 ACS 5-year estimates).

What is the sales tax in Minoa, NY?

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

Is Minoa, NY affordable?

Yes, Minoa is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.

What is the weather like in Minoa?

Minoa has average high temperatures of 57.6°F and average lows of 39.4°F. Annual precipitation is 39.9". Average annual snowfall is 127.8". Data from NOAA 1991–2020 Climate Normals.

Minoa at a Glance

Population
3,657
Median Income
$93,125
Home Value
$170,300
Median Rent
$1,084/mo
Unemployment
13.5%
Avg High Temp
57.6°F
Sales Tax
8.5%
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