Cost of Living in Sidney, NY

Population 3,865 · New York · Data vintage 2023

48
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Sidney is a smaller New York community of around 4000 residents, where median household incomes of $49,226 and housing costs ($116,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Around 23% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Sidney is about 65 miles southeast of Syracuse, the nearest large metro. Housing prices track closely with Syracuse's $125,000 median.

Cost Overview

Housing 38
Rent 62

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

About the Cost of Living in Sidney

The median home value in Sidney is $116,100 — 62% below the national median of $305,000. Median rent runs $815/month, 38% lower than the national median of $1,314/month. The median household income of $49,226/year is 34% lower than the US median of $74,580. The local unemployment rate is 10.2%, 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 54.8°F and lows of 37.8°F, with about 86.5" of annual snowfall. Overall, Sidney has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.

🏠 Housing

Median Home Value
$116,100
62% below avg
Median Rent
$815/mo
38% below avg
Price-to-Rent Ratio
11.9x
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 46.5%
Renter-occupied 53.5%

💰 Estimated Monthly Budget

Rent median rent
$815
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,429/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
23.4 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.6%

Commute Mode

Drove alone
67.9%
Carpooled
15.0%
Walked
1.8%
Work from home
7.6%

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
$49,226
34% below avg
Per Capita Income
$25,522
Unemployment Rate
10.2%
112% above avg
Poverty Rate
22.6%
Labor Force Participation
61.2%

🎓 Education

Bachelor's degree+ 14.7%
Graduate degree 11.2%

👥 Demographics

Median Age 31.4
Male median age 42.7
Female median age 28.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.8°F
Avg Low
37.8°F
Annual Precip
42"
Annual Snowfall
86.5"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303241546674787770574534
Low °F 161724354655595851413122
Precip" 2.622.413.053.633.784.693.804.104.013.763.113.08
Snow" 20.619.716.43.80.10.00.00.00.01.06.818.1

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
10.1:1
Student-teacher ratio
3
Public schools
1,110
Total enrollment

Frequently Asked Questions

What is the cost of living in Sidney, NY?

Sidney has a cost index of 48 (100 = national average). It is 52% below the national average.

What is average rent in Sidney, NY?

The median gross rent in Sidney is $815 per month based on 2023 Census data.

What is the average home price in Sidney?

The median home value in Sidney is $116,100 according to 2023 Census ACS data.

What is the median income in Sidney?

The median household income in Sidney is $49,226 per year (2023 ACS 5-year estimates).

What is the sales tax in Sidney, NY?

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

Is Sidney, NY affordable?

Yes, Sidney is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.

What is the weather like in Sidney?

Sidney has average high temperatures of 54.8°F and average lows of 37.8°F. Annual precipitation is 42". Average annual snowfall is 86.5". Data from NOAA 1991–2020 Climate Normals.

Sidney at a Glance

Population
3,865
Median Income
$49,226
Home Value
$116,100
Median Rent
$815/mo
Unemployment
10.2%
Avg High Temp
54.8°F
Sales Tax
8.5%
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