Skyline of Ithaca
Cost of Living: 110 32,000

Ithaca, NY, US

Home of Cornell University and Ithaca College with gorges, waterfalls, and a progressive vibe.

Updated September 12, 2026

Overview

Ithaca is a city in NY with a population of 32,000. Home of Cornell University and Ithaca College with gorges, waterfalls, and a progressive vibe. Housing costs are close to the national average. Gardening thrives here — the 5a growing zone supports Cool — many vegetables, some fruit trees. A large share of residents hold a bachelor’s degree or higher. The population skews young, with a median age of 23.6.

Last updated: September 12, 2026

Cost of Living 110

Above Average vs US Avg (100)

Housing Index 120

Above Average

Median Income $55,000

Household income

Unemployment 3.0%

Job market health

Ithaca vs US Average

Cost of Living
Ithaca: 110
US Avg: 100
Housing Index
Ithaca: 120
US Avg: 100
State Income Tax
Ithaca: 6.85%
US Avg: ~5%

Taxes

  • State Income Tax: 6.8%
  • Sales Tax: 8.0%

Economy & Jobs

  • Median Income: $55,000
  • Unemployment: 3.0%
  • Population: 32,000

Climate

  • Sunny Days: 155/year
  • Summer High: 80°F
  • Winter Low: 18°F
  • Farming Zone: USDA Zone 5a

Housing

  • Median Home: $320,000
  • 1BR Rent: $1400/mo

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Cost of Living

Ithaca's cost of living index is 110 (US average = 100).

CategoryIthacaNational AverageDifference
Overall110100+10.0%
Housing120100+20.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$320,000
Median Rent (1BR)$1400/mo
Median Rent (2BR)$1,750/mo
Price per Sq Ft$213

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Ithaca:

UtilityEstimated Monthly CostNotes
Electricity$177Based on ~900 kWh/month typical US household usage
Heating & Cooling$130Estimated based on local climate. Gas or electric
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water$70Includes sewer
Internet (100+ Mbps)$80Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities$457Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Ithaca scores —/100 for remote work readiness:

Cost of Living
— 110
Rent
— $1400
Sunny Days
— 155
Tax
— 6.85%
Unemployment
— 3.0%
Climate
— 80°F / 18°F
Safety
— 5.8 homicides/100k
Population
— 32,000
Internet Speed
— 200 Mbps

Climate

Ithaca has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January38°F18°F2.5"
April65°F33°F2.8"
July80°F55°F1.5"
October60°F36°F2.2"
USDA Zone 5a

Cool — many vegetables, some fruit trees

Natural Hazards

Ithaca faces the following natural hazards:

Blizzard High Risk

Severe lake-effect snow.

Flood High Risk

Coastal and river flooding.

Hurricane Moderate Risk

Coastal areas affected by hurricanes.

Tornado Moderate Risk

Tornado risk.

Avalanche Moderate Risk

Adirondacks with avalanches.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 6.85%
  • Sales Tax: 8%
  • Property Tax: ~1.72% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.0%.

Schools & Education

67/100
School Quality Score
Better than 95% of US cities
?
13
Total Schools
3.0:1
Student:Teacher
96.9%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Universities & Higher Education

1
Universities
#1938
Top University Rank

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Ithaca is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
15.1%
Black or African American
5.1%
Hispanic or Latino
9.2%
Native American
0.3%
Native Hawaiian or Pacific Islander
0.1%
Other
2.0%
Two or more races
5.5%
White
62.8%

Education

Bachelor's degree or higher
70.2%
High school graduate
8.3%
Less than high school
4.6%
Some college
16.8%

Religion

Christian
60.0%
Jewish
8.0%
Muslim
3.0%
Other
2.0%
Unaffiliated
27.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Ithaca, NY, US?

The cost of living index in Ithaca is 110, which is Higher the US national average of 100.

How much does it cost to buy a home in Ithaca?

The median home price in Ithaca is $320,000. The housing index is 120.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Ithaca is approximately $1400/mo.

Does Ithaca, NY have income tax?

Ithaca is in NY, which has an income tax rate of 6.85%.

What is the climate like in Ithaca?

Ithaca enjoys approximately 155 sunny days per year. Summer highs reach around 80°F, while winter lows can drop to around 18°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.