Cost of Living in Tioga Terrace, NY
Population: 2,206 | New York
Tioga Terrace is 11% less expensive than the national average.
Cost of Living in Tioga Terrace, NY: What You Need to Know
With a cost of living index of 89, Tioga Terrace, NY is a very affordable place to live. Living here is 11% cheaper than the national average and 22% below the New York state average of 111. Tioga Terrace is a small community of 2,206 residents.
The median household income in Tioga Terrace is $126,250, which is 68% higher than the national median of $75,149.
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.
Income
- Median Household Income
- $126,250
- vs US Median ($75,149)
- +68%
Housing
- Median Home Value
- $209,700
- Median Monthly Housing Cost
- $1,288/mo
Everyday Prices in Tioga Terrace
BLS Average Prices for the Binghamton, NY (Metropolitan Statistical Area) area