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Owego, NY vs Sherburne, NY

72
Owego
New York
VS
+9%
66
Sherburne
New York

Sherburne is moderately more affordable than Owego, with a 9% lower cost of living index. Owego scores 72 compared to 66 for Sherburne, where the US average is 100. This difference means residents of Owego can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Owego is $918/month compared to $741/month in Sherburne — a 24% difference. Home values follow the same pattern: Sherburne is more affordable at $120,500 median vs $143,000.

Median household income in Owego is $57,240 compared to $46,667 in Sherburne (+22.7%). While Owego is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Owego spend roughly 19.2% of their income on rent, more than the 19.1% in Sherburne.

Climate-wise, both cities share similar average temperatures (46.3°F vs 46.7°F). Sherburne receives more rainfall at 44" per year compared to 42" in Owego.

Income & Cost

Cost of Living Index
Owego
72
Sherburne
66
8% cheaper
Median Household Income
Owego
$57,240
18% higher
Sherburne
$46,667

Housing

Median Rent
Owego
$918
Sherburne
$741
19% cheaper
Median Home Value
Owego
$143,000
Sherburne
$120,500
16% cheaper
Population
Owego
3,823
Sherburne
1,294

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Owego $2.98
Sherburne $2.98
US $3.07
🥚
Eggs (grade A, large)
Owego $2.43
Sherburne $2.43
US $2.50
🥛
Milk (whole)
Owego $3.92
Sherburne $3.92
US $4.03
🍞
Bread (white)
Owego $1.80
Sherburne $1.80
US $1.85
🍗
Chicken breast
Owego $4.03
Sherburne $4.03
US $4.14
Electricity
Owego $0.25
Sherburne $0.25
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Owego 46.3°F
Sherburne 46.7°F
Summer High
Owego 78°F
Sherburne 81°F
Winter Low
Owego 16°F
Sherburne 14°F
Rainfall
Owego 42"
Sherburne 44"
Rainy Days
Owego 164d
Sherburne 174d