Cost of Living in Turin, NY

With a cost of living index of 75, Turin, NY is a very affordable place to live. Living here is 25% cheaper than the national average and 36% below the New York state average of 111. Turin is a small community of 312 residents.

Housing costs are the biggest factor in Turin's cost of living. The median monthly rent is $975 (26% below the US median of $1,319), and the median home value sits at $113,700 (63% below the national median of $304,900). At current prices, the median home costs roughly 1.1x the median household income — well within traditional affordability guidelines.

The median household income in Turin is $100,560, which is 34% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.