Cost of Living in Wellsville, NY

Population 4,846 · New York · Data vintage 2023

37
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Wellsville 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. Around 24% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Wellsville is about 70 miles southeast of Buffalo, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 42% lower than Buffalo's $152,000.

Cost Overview

Housing 29
Rent 48

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

About the Cost of Living in Wellsville

The median home value in Wellsville is $88,100 — 71% below the national median of $305,000. Median rent runs $635/month, 52% lower than the national median of $1,314/month. The median household income of $51,005/year is 32% lower than the US median of $74,580. The local unemployment rate is 5.4%, 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 54.4°F and lows of 38.4°F. Overall, Wellsville has a cost of living index of 37 versus the US average of 100, meaning it is 63% less expensive.

🏠 Housing

Median Home Value
$88,100
71% below avg
Zillow Home Value
$116,198
Zillow ZHVI
Median Rent
$635/mo
52% below avg
Price-to-Rent Ratio
11.6x
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 65.3%
Renter-occupied 34.7%

💰 Estimated Monthly Budget

Rent median rent
$635
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,249/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
16.1 min
40% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.2%

Commute Mode

Drove alone
84.8%
Carpooled
5.4%
Walked
3.8%
Work from home
5.2%

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
$51,005
32% below avg
Per Capita Income
$29,392
Unemployment Rate
5.4%
13% above avg
Poverty Rate
24.1%
Labor Force Participation
48.5%

🎓 Education

Bachelor's degree+ 13.7%
Graduate degree 12.7%

👥 Demographics

Median Age 45.7
Male median age 43.3
Female median age 50

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.4°F
Avg Low
38.4°F
Annual Precip
37.2"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 293241546673787669574534
Low °F 171925354655595851413223
Precip" 2.111.632.453.493.283.924.153.783.523.562.832.49

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
11.5:1
Student-teacher ratio
2
Public schools
1,189
Total enrollment

Frequently Asked Questions

What is the cost of living in Wellsville, NY?

Wellsville has a cost index of 37 (100 = national average). It is 63% below the national average.

What is average rent in Wellsville, NY?

The median gross rent in Wellsville is $635 per month based on 2023 Census data.

What is the average home price in Wellsville?

The median home value in Wellsville is $88,100 according to Zillow and Census data.

What is the median income in Wellsville?

The median household income in Wellsville is $51,005 per year (2023 ACS 5-year estimates).

What is the sales tax in Wellsville, NY?

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

Is Wellsville, NY affordable?

Yes, Wellsville is generally considered affordable, with a cost of living index of 37 — about 63% below the US national average of 100.

What is the weather like in Wellsville?

Wellsville has average high temperatures of 54.4°F and average lows of 38.4°F. Annual precipitation is 37.2". Data from NOAA 1991–2020 Climate Normals.

Wellsville at a Glance

Population
4,846
Median Income
$51,005
Home Value
$88,100
Median Rent
$635/mo
Unemployment
5.4%
Avg High Temp
54.4°F
Sales Tax
8.5%
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Explore county-level cost of living data

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