Is Yonkers expensive to live in?

Yonkers is considered expensive, with a cost index of 133 compared to the US average of 100. Living here costs about 33% more than the national average. The median monthly rent is $2,643, and the median household income is $81,816.

What salary do you need to live comfortably in Yonkers?

Using the standard 30% rent-to-income rule, you need at least $105,720/year to afford median rent in Yonkers. The median household income is $81,816, giving a rent-to-income ratio of 39%. Financial experts recommend keeping rent below 30% of gross income.

What is the average rent in Yonkers?

The median rent in Yonkers is $2,643 per month. Housing costs score 183 against the national average of 100, meaning housing is 83% more expensive than the US average.

How does Yonkers compare to the national average cost of living?

Yonkers's overall cost index is 133 vs the national average of 100. Breaking it down: housing (183), food & groceries (130), transportation (126), utilities (122), and healthcare (137). Yonkers is above average in most categories.

Is Yonkers, New York a good place to live?

Yonkers has a population of 207,657 and a median household income of $81,816. With a cost index of 133, it offers a higher-cost lifestyle. The rent-to-income ratio is 39%, which is above the recommended 30% threshold.

What are the cheapest cities near Yonkers?

To find the most affordable cities near Yonkers in New York, use the Livably city comparison tool or browse the New York state page. You can compare rent, cost index, income, and affordability side by side across all tracked cities.

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Yonkers

Monthly city intelligence across housing costs, tax load, and affordability signals to help you plan your next move with clearer numbers.

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Cost index: 133

Median rent: $2,643

Median income: $81,816

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About Yonkers

Living in Yonkers, New York

Yonkers, New York is a growing city with a population of approximately 207,657. The overall cost of living index sits at 133, which is significantly above the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 33% more expensive compared to the typical U.S. city.

Housing is the largest cost driver in Yonkers. Median rent is $2,643 per month, while the median home price is $673,384. At a median household income of $81,816, rent consumes roughly 39% of gross income, which represents a moderate housing cost burden. The housing sub-index of 183 highlights significantly elevated shelter costs.

Beyond housing, healthcare is the most elevated non-shelter expense in Yonkers with a sub-index of 137, while utilities is comparatively more affordable at 122. State-level taxes also shape the true cost of living: New York applies a 10.90% income tax rate, and property tax averages 1.33% of assessed home value. The combined sales tax rate is 8.53%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Yonkers has trended upward. Among the 5 tracked cities in New York, Yonkers ranks #4 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Yonkers actually costs.

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