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Cost of Living in Tioga Terrace, NY

Population: 2,206 | New York

89
Cost of Living Index
US Average = 100

Tioga Terrace is 11% less expensive than the national average.

100
Housing
69
Home Values
92
Regional Price

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

$2.98
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.43
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.92
Milk (whole)
per gallon
-3% vs US
🍞
$1.80
Bread (white)
per lb
-3% vs US
🍗
$4.03
Chicken breast
per lb
-3% vs US
$0.25
Electricity
per kWh
+31% vs US

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