Cost of Living in Yonkers, NY

Population 209,529 · New York · Data vintage 2023

147
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

One of the defining characteristics of Yonkers is a long average commute — 38 minutes one way, compared to a national median of 27. The city's housing pricing is difficult to evaluate without factoring in that daily time cost. Unemployment has stayed elevated relative to the national figure — 7.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Cost Overview

Housing 157
Rent 132

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

About the Cost of Living in Yonkers

The median home value in Yonkers is $478,000 — 57% above the national median of $305,000. Median rent runs $1,730/month, 32% higher than the national median of $1,314/month. The median household income of $81,816/year is 10% higher than the US median of $74,580. The local unemployment rate is 7.4%, 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 63.5°F and lows of 50.1°F, with about 29.8" of annual snowfall. Overall, Yonkers has a cost of living index of 147 versus the US average of 100, meaning it is 47% more expensive.

🏠 Housing

Median Home Value
$478,000
57% above avg
Zillow Home Value
$673,384
Zillow ZHVI
Median Rent
$1,730/mo
32% above avg
Zillow Rent
$2,642/mo
Zillow ZORI
Price-to-Rent Ratio
23.0x
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 47.2%
Renter-occupied 52.8%

💰 Estimated Monthly Budget

Rent median rent
$1,730
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,344/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
37.9 min
40% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.5%

Commute Mode

Drove alone
49.6%
Carpooled
9.4%
Public transit
23.0%
Walked
4.8%
Bicycle
0.1%
Work from home
10.5%

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
$81,816
10% above avg
Per Capita Income
$42,770
Unemployment Rate
7.4%
54% above avg
Poverty Rate
14.7%
Labor Force Participation
64.5%

🎓 Education

Bachelor's degree+ 19.6%
Graduate degree 15.6%

👥 Demographics

Median Age 39
Male median age 37.3
Female median age 40.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.5°F
Avg Low
50.1°F
Annual Precip
45.3"
Annual Snowfall
29.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404350617281868577665545
Low °F 293036465666727164534335
Precip" 3.252.934.013.853.584.034.304.413.883.813.154.08
Snow" 8.69.85.40.40.00.00.00.00.00.10.35.2

💨 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

88%
4-Year Graduation Rate
17.2:1
Student-teacher ratio
40
Public schools
26,331
Total enrollment

Frequently Asked Questions

What is the cost of living in Yonkers, NY?

Yonkers has a cost index of 147 (100 = national average). It is 47% above the national average.

What is average rent in Yonkers, NY?

The median gross rent in Yonkers is $1,730 per month based on 2023 Census data.

What is the average home price in Yonkers?

The median home value in Yonkers is $478,000 according to Zillow and Census data.

What is the median income in Yonkers?

The median household income in Yonkers is $81,816 per year (2023 ACS 5-year estimates).

What is the sales tax in Yonkers, NY?

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

Is Yonkers, NY affordable?

Yonkers is above average in cost of living, with an index of 147 — about 47% higher than the national average.

What is the weather like in Yonkers?

Yonkers has average high temperatures of 63.5°F and average lows of 50.1°F. Annual precipitation is 45.3". Average annual snowfall is 29.8". Data from NOAA 1991–2020 Climate Normals.

Yonkers at a Glance

Population
209,529
Median Income
$81,816
Home Value
$478,000
Median Rent
$1,730/mo
Unemployment
7.4%
Avg High Temp
63.5°F
Sales Tax
8.5%
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