Cost of Living in Yonkers, NY
Yonkers has a cost of living index of 145 (100 = national average), making it significantly more expensive than the national average. The median household income is $66,686 and the median home price is $540,000.
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Yonkers at a Glance
Population
211,569
Cost of Living Index
145
Median Income
$66,686
Median Home Price
$540,000
Property Tax Rate
1.61%
Sales Tax Rate
8.38%
Rent Index
145
State
New York
Living in Yonkers
Yonkers is one of the more expensive cities in the United States. Housing costs are a major factor, with the median home price at $540,000. However, the median household income of $66,686 partially offsets the higher costs.
The combined sales tax rate in Yonkers is 8.38%, and the effective property tax rate is 1.61%. Property taxes are above the national average, which is an important consideration for homebuyers.