Cost of Living in Rye, NY

Population 16,410 · New York · Data vintage 2023

435
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in Rye cluster toward the top of the US distribution — a median of $1.8 million, roughly 6 times the national figure, consistent with markets dominated by nonresident and vacation-home buyers.

Located 9 miles east of Yonkers, Rye falls within that metro's commuting orbit. Median home values run roughly 274% higher than Yonkers' $478,000.

Cost Overview

Housing 585
Rent 209

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

About the Cost of Living in Rye

The median home value in Rye is $1,785,400 — 485% above the national median of $305,000. Median rent runs $2,751/month, 109% higher than the national median of $1,314/month. The median household income of $237,727/year is 219% higher than the US median of $74,580. The local unemployment rate is 5.5%, 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 60.6°F and lows of 43.4°F. Overall, Rye has a cost of living index of 435 versus the US average of 100, meaning it is 335% more expensive.

🏠 Housing

Median Home Value
$1,785,400
485% above avg
Median Rent
$2,751/mo
109% above avg
Zillow Rent
$5,297/mo
Zillow ZORI
Price-to-Rent Ratio
54.1x
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 70.6%
Renter-occupied 29.4%

💰 Estimated Monthly Budget

Rent median rent
$2,751
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,365/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
44.4 min
64% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
27.1%

Commute Mode

Drove alone
37.4%
Carpooled
2.2%
Public transit
28.1%
Walked
3.0%
Work from home
27.1%

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
$237,727
219% above avg
Per Capita Income
$149,370
Unemployment Rate
5.5%
14% above avg
Poverty Rate
3.0%
Labor Force Participation
63.1%

🎓 Education

Bachelor's degree+ 33.8%
Graduate degree 46.7%

👥 Demographics

Median Age 41.9
Male median age 40.6
Female median age 44.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.6°F
Avg Low
43.4°F
Annual Precip
47.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374048596978838174635242
Low °F 222431405059656457463628
Precip" 3.202.534.114.203.944.254.074.364.944.333.644.18

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
78.6%
Good air days/yr
198
Max AQI recorded
144
PM2.5 days
221
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
10.9:1
Student-teacher ratio
5
Public schools
3,248
Total enrollment

Frequently Asked Questions

What is the cost of living in Rye, NY?

Rye has a cost index of 435 (100 = national average). It is 335% above the national average.

What is average rent in Rye, NY?

The median gross rent in Rye is $2,751 per month based on 2023 Census data.

What is the average home price in Rye?

The median home value in Rye is $1,785,400 according to 2023 Census ACS data.

What is the median income in Rye?

The median household income in Rye is $237,727 per year (2023 ACS 5-year estimates).

What is the sales tax in Rye, NY?

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

Is Rye, NY affordable?

Rye is above average in cost of living, with an index of 435 — about 335% higher than the national average.

What is the weather like in Rye?

Rye has average high temperatures of 60.6°F and average lows of 43.4°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.

Rye at a Glance

Population
16,410
Median Income
$237,727
Home Value
$1,785,400
Median Rent
$2,751/mo
Unemployment
5.5%
Avg High Temp
60.6°F
Sales Tax
8.5%
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