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Metro cost profile · 2024 BEA RPP

Syracuse, NY

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

95.7
Overall RPP
#151
of 387 metros
80.7
Rents RPP
$104K
$100K national buys

Syracuse ranks #151 of 387 U.S. metros by cost, and its overall price index has fallen 2.7 points since 2008.

  • falling since 2008
  • similar cost to Midland

The verdict

Syracuse costs less than 39% of U.S. metros, an overall index of 95.7, 4.3% below the national average, with services the biggest swing at 133.4.

bottom 61%
by overall cost, nationwide
99.7
goods RPP, tradable items
133.4
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $104,447 here; matching a $100K lifestyle takes roughly $95,742.

Syracuse vs every U.S. metro

Where this metro sits in the national cost distribution

96 Top 39% higher than 61% 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%). This entry sits in this band. 96–100: 55 US metros (14%). Above this entry. 100–104: 54 US metros (14%). Above this entry. 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

Syracuse cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Syracuse's strongest departure is services at 133.4; rents follows at 80.7. 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 Syracuse's cost comes from

Metros near Syracuse'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 96.4, rents 88.9). Syracuse is driven more by goods prices than by rent, unlike its peers. 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 92949698100 7580859095100105 Goods RPP (tradable items) → Rents RPP (housing) → SyracuseMidlandIndianapolisHelenaBuffaloSalisburyLogan
Crosshairs sit at the group median (goods 96.4, rents 88.9). Syracuse is driven more by goods prices than by rent, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Syracuse (Syracuse, this metro): goods RPP 99.7, rents RPP 80.7
  • Midland: goods RPP 93.8, rents RPP 101.5
  • Indianapolis: goods RPP 94.3, rents RPP 88.9
  • Helena: goods RPP 96, rents RPP 90.1
  • Buffalo: goods RPP 99.7, rents RPP 81
  • Salisbury: goods RPP 96.6, rents RPP 87.2
  • Logan: goods RPP 96.4, rents RPP 91

Price Index Summary

Overall

95.7

Below avg

Goods

99.7

Below avg

Services

133.4

Expensive

Rents

80.7

Cheap

Service-cost-led profile

How Syracuse's cost structure works

Services are the defining pressure in Syracuse: the BEA services component is 133.4, farther above the national baseline than local rents or tradable goods. That service-heavy pattern explains an overall RPP of 95.7 differently from a housing-led metro.

Across all reported metros, the closest component-profile matches are Buffalo-Cheektowaga, NY, Bangor, ME, Glens Falls, NY. They resemble Syracuse 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, Syracuse's overall index has fallen by 2.7 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.

Salary Equivalent

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

$95,742

in Syracuse, NY purchasing power

$50,000 nationally
$47,871
$75,000 nationally
$71,807
$125,000 nationally
$119,678
$150,000 nationally
$143,613
$200,000 nationally
$191,484

Use the salary calculator for custom amounts.

Affordability score

D
46/100

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

Purchasing power
Not reported
Housing affordability D
46th 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.

Latest BEA release change

What changed from 2023 to 2024

Syracuse's overall RPP did not change 0.0 points, from 95.7 in 2023 to 95.7 in 2024. The largest category movement was goods, changing from 97.4 to 99.7. This is a relative change against the national benchmark, not a household's dollar bill.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 2.7 points over this period. The largest single-year move was in 2015, when the index jumped 3.5 points from the year before, a bigger swing than the full 2008-2024 change.

Syracuse overall RPP, 2008-2024

Every year on record, national average = 100

Down 2.7 pts
92949698100 20082024 98.5 95.7 ▼ -2.8%
Year Overall
2008 98.5
2009 98.2
2010 97.8
2011 97.9
2012 95.7
2013 96.9
2014 95.8
2015 99.3
2016 99.0
2017 98.9
2018 97.6
2019 95.1
2020 95.9
2021 96.3
2022 93.5
2023 95.7
2024 95.7

Decision peers

Metros with a similar cost mix

These metros are closest to Syracuse'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.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Syracuse, NY's index of 95.7.

Showing the 6 closest of 387 metro areas tracked nationally.

NY-relative analysis

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

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

Goods prices
#3 of 13
0th percentile in NY
Services prices
#5 of 13
62nd percentile in NY
Rent prices
#8 of 13
38th 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 Syracuse, NY: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

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 Syracuse cost of living snapshot

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What this means for Syracuse

How to read Syracuse'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 $104,447 in Syracuse. Salary calculator
  • Start with services: it indexes at 133.4, 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 Syracuse 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 Syracuse, NY?

Syracuse, NY has a Regional Price Parity (RPP) index of 95.7, meaning it is 4.3% less expensive than the national average. Goods are indexed at 99.7, services at 133.4, and rents at 80.7. It ranks #151 out of 387 U.S. metro areas by overall cost.

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

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $95,742 in Syracuse, NY. Conversely, $100K earned in Syracuse, NY has the purchasing power of $104,447 at the national average.

How expensive is rent in Syracuse, NY?

Rents in Syracuse, NY are indexed at 80.7, which is 19.3% below the national average. This makes the area relatively affordable for renters.

Is Syracuse, NY getting more expensive?

From 2008 to 2024, Syracuse, NY's overall cost index changed by -2.7 points (from 98.5 to 95.7). The cost of living has been declining.

What costs the most in Syracuse, NY?

The priciest category in Syracuse, NY is services at 133.4, 33.4% above the national average. The most affordable category is rents at 80.7, 19.3% below average.

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

Metros with the most similar overall cost index include Midland, Indianapolis-Carmel-Greenwood, Helena. These areas have RPP values within a few points of Syracuse, NY's 95.7.

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.