Cost of Living in Endicott, NY

With a cost of living index of 66, Endicott, NY is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 45% below the New York state average of 111. Endicott is a smaller community of 13,456 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Endicott's cost of living. The median monthly rent is $822 (38% below the US median of $1,319), and the median home value sits at $109,800 (64% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Endicott is $46,685, which is 38% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Endicott. The area sees an average annual temperature of 46.3°F, with summers averaging 67°F and winters around 25°F. Annual rainfall totals 42 inches spread over roughly 164 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Binghamton, NY (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.