Cost of Living in Penn Yan, NY
Population 4,800 · New York · Data vintage 2023
(100 = US avg)
Penn Yan 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 2.5% points to a labor market well on the tight side of the national distribution.
Located 45 miles southeast of Rochester, Penn Yan falls within that metro's commuting orbit. Median home values run roughly 19% higher than Rochester's $121,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Penn Yan
The median home value in Penn Yan is $143,000 — 53% below the national median of $305,000. Median rent runs $680/month, 48% lower than the national median of $1,314/month. The median household income of $51,466/year is 31% lower than the US median of $74,580. The local unemployment rate is 2.5%, 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 57.8°F and lows of 39.6°F. Overall, Penn Yan has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.
Penn Yan 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 | 33 | 35 | 43 | 56 | 69 | 77 | 81 | 80 | 73 | 61 | 48 | 38 |
| Low °F | 18 | 19 | 25 | 36 | 47 | 57 | 62 | 60 | 53 | 43 | 33 | 25 |
| Precip" | 1.49 | 1.26 | 2.06 | 2.81 | 2.88 | 2.77 | 3.39 | 2.84 | 3.89 | 2.88 | 2.14 | 1.83 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Penn Yan, NY?
Penn Yan has a cost index of 49 (100 = national average). It is 51% below the national average.
What is average rent in Penn Yan, NY?
The median gross rent in Penn Yan is $680 per month based on 2023 Census data.
What is the average home price in Penn Yan?
The median home value in Penn Yan is $143,000 according to Zillow and Census data.
What is the median income in Penn Yan?
The median household income in Penn Yan is $51,466 per year (2023 ACS 5-year estimates).
What is the sales tax in Penn Yan, NY?
The combined state and local sales tax rate in Penn Yan is 8.5%. The New York state income tax top rate is 10.9%.
Is Penn Yan, NY affordable?
Yes, Penn Yan is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.
What is the weather like in Penn Yan?
Penn Yan has average high temperatures of 57.8°F and average lows of 39.6°F. Annual precipitation is 30.2". Data from NOAA 1991–2020 Climate Normals.
Penn Yan at a Glance
- Population
- 4,800
- Median Income
- $51,466
- Home Value
- $143,000
- Median Rent
- $680/mo
- Unemployment
- 2.5%
- Avg High Temp
- 57.8°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
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