Cost Of Living in Phelps, NY

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Phelps	New York	National
Cost of living	92	117	100
Goods & Services	102	108	100
Groceries	98	102	100
Health care	99	103	100
Housing	72	145	100
Transportation	108	105	100
Utilities	92	100	100

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Cost Of Living Quick Facts

The cost of living in Phelps is 21% lower than the New York average
The cost of living in Phelps is 8% lower than the national average
Phelps housing is 28% lower than the national average
New York general sales tax is 22% lower than the national average
New York state income tax is 54% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$60,750	$5,063	$1,417	$1,823
Renters	$32,500	$2,708	$758	$975

New York Sales Tax

State	General Sales Tax	With Max Surtax
New York	4%	8.875%

New York Income Tax

State	Income Tax (Low)	Income Tax (High)
New York	4%	10.9%

Goods & Services

Item	Phelps	National avg.	Difference
Haircut	$26.78	$24.26	10.4%
Beauty Salon	$44.58	$45.56	2.2%
Toothpaste	$3.72	$3.70	0.4%
Shampoo	$1.70	$1.28	32.6%
Movie	$15.90	$12.13	31.0%
Bowling	$24.25	$18.00	34.7%

Groceries

Item	Phelps	National avg.	Difference
Ground Beef	$6.04	$5.84	3.5%
Fried Chicken	$1.55	$1.57	1.4%
Milk	$5.16	$4.67	10.5%
Potatoes	$5.21	$4.93	5.7%
Pizza	$13.16	$12.09	8.9%
Beer	$11.98	$10.41	15.1%

Health Care

Item	Phelps	National avg.	Difference
Optometrist	$124.25	$125.68	1.1%
Doctor	$154.18	$135.78	13.6%
Dentist	$124.68	$113.29	10.1%
Ibuprofen	$11.17	$10.65	4.8%
Lipitor	$398.58	$468.60	14.9%

Housing

Item	Phelps	National avg.	Difference
Home Price	$128,200.00	$184,700.00	30.6%
Avg. Mortgage Payment	$5,235.60	$2,346.69	123.1%
Apartment Rent	$737.00	$949.00	22.3%

Transportation

Item	Phelps	National avg.	Difference
Gasoline	$3.58	$3.46	3.6%
Tire Balancing	$59.33	$59.92	1.0%

Utilities

Item	Phelps	National avg.	Difference
All Electricity	$196.28	$193.99	1.2%
Phone	$200.67	$192.25	4.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Port Gibson, NY	859	101	0.7%
Clyde, NY	1,832	85	14.6%
Lyons, NY	3,313	87	13.3%
Romulus, NY	431	88	12.1%
Rushville, NY	724	87	12.9%
Phelps, NY	2,175	92	8.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Buckhorn, CA	2,175	120	20.0%
Dunkirk, MD	2,175	148	47.6%
Edgerton, OH	2,175	85	15.2%
Ester, AK	2,174	130	30.0%
Earle, AR	2,174	79	21.5%
Phelps, NY	2,175	92	8.0%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Phelps, NY