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Metro cost profile · 2024 BEA RPP

Ithaca, NY

Cost-of-living indicators for Ithaca, NY, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

103.3
Overall RPP
#43
of 387 metros
128.4
Rents RPP
$97K
$100K national buys

Ithaca ranks #43 of 387 U.S. metros by cost, and its overall price index has risen 3.2 points since 2008.

  • rising since 2008
  • similar cost to Phoenix-Mesa-Chandler

The verdict

Ithaca is more expensive than 89% of U.S. metros, an overall cost index of 103.3, 3.3% above the national average, led by services at 131.6.

top 11%
by overall cost, nationwide
99.7
goods RPP, tradable items
131.6
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $96,789 here; matching a $100K lifestyle takes roughly $103,317.

Ithaca vs every U.S. metro

Where this metro sits in the national cost distribution

103 Top 11% higher than 89% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). Below this entry. 96–100: 55 US metros (14%). Below this entry. 100–104: 54 US metros (14%). This entry sits in this band. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Ithaca cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Ithaca's strongest departure is services at 131.6; rents follows at 128.4. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Ithaca's cost comes from

Metros near Ithaca's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 99.8, rents 121.2). Ithaca is skewed toward housing costs relative to its peer group. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 9095100105110 90100110120130140 Goods RPP (tradable items) → Rents RPP (housing) → IthacaPhoenixBellinghamFairbanksNaplesTrentonDallas
Crosshairs sit at the group median (goods 99.8, rents 121.2). Ithaca is skewed toward housing costs relative to its peer group. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Ithaca (Ithaca, this metro): goods RPP 99.7, rents RPP 128.4
  • Phoenix: goods RPP 95, rents RPP 121.2
  • Bellingham: goods RPP 105, rents RPP 112.9
  • Fairbanks: goods RPP 107.3, rents RPP 92.6
  • Naples: goods RPP 96.2, rents RPP 129.4
  • Trenton: goods RPP 99.8, rents RPP 135.1
  • Dallas: goods RPP 102.8, rents RPP 117.9

Price Index Summary

Overall

103.3

Above avg

Goods

99.7

Below avg

Services

131.6

Expensive

Rents

128.4

Expensive

Service-cost-led profile

How Ithaca's cost structure works

Services are the defining pressure in Ithaca: the BEA services component is 131.6, farther above the national baseline than local rents or tradable goods. That service-heavy pattern explains an overall RPP of 103.3 differently from a housing-led metro.

Across all reported metros, the closest component-profile matches are Manchester-Nashua, NH, New Haven, CT, Riverside-San Bernardino-Ontario, CA. They resemble Ithaca across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Ithaca's overall index has risen by 3.2 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 3.2 points over this period. The largest single-year move was in 2024, when the index jumped 3.8 points from the year before, a bigger swing than the full 2008-2024 change.

Ithaca overall RPP, 2008-2024

Every year on record, national average = 100

Up 3.2 pts
98100102104106 20082024 100 103 ▲ +3.1%
Year Overall
2008 100.2
2009 102.3
2010 100.0
2011 101.5
2012 101.9
2013 99.8
2014 99.8
2015 103.3
2016 102.0
2017 104.9
2018 101.6
2019 103.7
2020 101.3
2021 102.2
2022 98.7
2023 99.5
2024 103.3

Latest BEA release change

What changed from 2023 to 2024

Ithaca's overall RPP rose +3.8 points, from 99.5 in 2023 to 103.3 in 2024. The largest category movement was rents, changing from 101.3 to 128.4. This is a relative change against the national benchmark, not a household's dollar bill.

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$103,317

in Ithaca, NY purchasing power

$50,000 nationally
$51,658
$75,000 nationally
$77,488
$125,000 nationally
$129,146
$150,000 nationally
$154,976
$200,000 nationally
$206,634

Use the salary calculator for custom amounts.

Affordability score

F
7/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability F
7th percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

Decision peers

Metros with a similar cost mix

These metros are closest to Ithaca's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

NY-relative analysis

Goods prices places Ithaca, NY near the bottom of NY's metros

Among the 13 NY metros PlainCost tracks with reported goods prices data, Ithaca, NY ranks #3 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Ithaca, NY only against its own state's metros, not the full US field.

Goods prices
#3 of 13
0th percentile in NY
Services prices
#9 of 13
31st percentile in NY
Rent prices
#2 of 13
85th percentile in NY

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within NY only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Ithaca, NY: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Ithaca, NY's index of 103.3.

Showing the 6 closest of 387 metro areas tracked nationally.

Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

Shareable PlainCost cost snapshot for Ithaca cost of living snapshot

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What this means for Ithaca

How to read Ithaca's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $96,789 in Ithaca. Salary calculator
  • Start with services: it indexes at 131.6, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Ithaca head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Ithaca, NY?

Ithaca, NY has a Regional Price Parity (RPP) index of 103.3, meaning it is 3.3% more expensive than the national average. Goods are indexed at 99.7, services at 131.6, and rents at 128.4. It ranks #43 out of 387 U.S. metro areas by overall cost.

What salary do I need in Ithaca, NY to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $103,317 in Ithaca, NY. Conversely, $100K earned in Ithaca, NY has the purchasing power of $96,789 at the national average.

How expensive is rent in Ithaca, NY?

Rents in Ithaca, NY are indexed at 128.4, which is 28.4% above the national average. This is significantly higher than typical U.S. rents.

Is Ithaca, NY getting more expensive?

From 2008 to 2024, Ithaca, NY's overall cost index changed by +3.2 points (from 100.2 to 103.3). The cost of living has been trending upward.

What costs the most in Ithaca, NY?

The priciest category in Ithaca, NY is services at 131.6, 31.6% above the national average. The most affordable category is goods at 99.7, 0.3% below average.

What metros have a similar cost of living to Ithaca, NY?

Metros with the most similar overall cost index include Phoenix-Mesa-Chandler, Bellingham, Fairbanks-College. These areas have RPP values within a few points of Ithaca, NY's 103.3.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.