Cost of LivingUpdated 2026-11-11

Syracuse, New York

Living in Syracuse, New York is about 6% cheaper than the national average, with a cost of living index of 94 (US = 100). Typical rent is $1,627 a month, 16% below the national figure of $1,932, and regular gas costs $4.23 a gallon versus $3.98 nationally as of November 11, 2026. Rent, gas, groceries, electricity and car insurance take about 47% of the area's $74,740 median household income.

Key Numbers

Gas (Regular)

$4.23

National: $3.98

โ†‘ 228.0%since 2000
โœ“ AAA Gas Prices

Avg Rent (All)

$1,627

National: $1,932

โ†‘ 32.9%since 2021
โœ“ Zillow ZORI Syracuse, NY metro (2026-09)

Grocery Inflation

1.77%

Year-over-year

โœ“ BLS/FRED CPI

Fast Food Avg

$16.50

Combo meal

โ†‘ 5.8%YoY

Electricity

28.65ยข

per kWh ยท ~$258/mo

โ†‘ 55.4%vs US avg
โœ“ EIA Residential

Car Insurance

$240/mo

$2,877/yr

โ†‘ 33.8%vs national avg
โœ“ Bankrate/NAIC

Median Household Income

$74,740

47.1% goes to essentials

โ†“ 47.1%cost burden
โœ“ Census ACS 2023
๐Ÿš—

Car Insurance

Avg $2,877 in Syracuse. Compare rates:

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Find Apartments

Avg rent $1,627/mo in Syracuse. Browse listings:

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Grocery Prices

Grocery Prices โ€” 2000 to Present

National BLS averages ยท submit local prices below โ†“

Eggs (dozen)

Bird flu volatility

$0.97 in 2000 โ†’ $2.32 BLS avg

$1.29 @ Fred Meyer - Boise Franklin (FRED) (Mar 2026)

+137.9%

Milk (gallon)

$2.79 in 2000 โ†’ $4.10 BLS avg

$2.69 @ Fred Meyer - Boise Franklin (FRED) (Mar 2026)

+47.3%

Ground Beef (lb)

$1.48 in 2000 โ†’ $6.75 BLS avg

+355.5%

Bread (loaf)

$0.91 in 2000 โ†’ $1.86 BLS avg

$2.49 @ Fred Meyer - Boise Franklin (FRED) (Mar 2026)

+105.2%

Chicken Breast (lb)

$1.06 in 2000 โ†’ $2.03 BLS avg

$4.99 @ Fred Meyer - Boise Franklin (FRED) (Mar 2026)

+91.3%

Butter (lb)

$3.98 BLS avg

$6.99 @ Fred Meyer - Boise Franklin (FRED) (Mar 2026)

-4.2% since 2018

Bacon (lb)

$2.75 in 2000 โ†’ $6.69 BLS avg

+143.1%

Cheddar Cheese (lb)

$3.84 in 2000 โ†’ $6.13 BLS avg

+59.6%

Pasta (lb)

$0.88 in 2000 โ†’ $1.38 BLS avg

+57.1%

Rice (5 lb)

$2.50 in 2000 โ†’ $5.50 BLS avg

+120.6%

Coffee (12 oz)

$2.65 in 2000 โ†’ $6.94 BLS avg

+161.3%

Orange Juice (64 oz)

Citrus shortage

$5.42 estimate

+45.7% since 2022

Potatoes (5 lb)

$1.96 in 2000 โ†’ $4.95 BLS avg

+152.6%

Apples (3 lb)

$5.20 estimate

+15.8% since 2022

Tomatoes (lb)

$1.44 in 2000 โ†’ $2.08 BLS avg

+44.4%

Lettuce (head)

$0.75 in 2000 โ†’ $1.96 BLS avg

+162.3%

Cooking Oil (48 oz)

$7.76 estimate

+40.1% since 2022

Yogurt (32 oz)

$4.94 estimate

+19.0% since 2022

Cereal (family size)

$6.20 estimate

+29.4% since 2022

Frozen Pizza

$8.65 estimate

+37.1% since 2022

Dining & Restaurants

Fast Food Meal

$16.50

Casual Dining

$32.00

Monthly Spend

$455

+5.8% YoY

Chain Restaurant Meal Prices โ€” 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $8.50

$14.50

+70.6%

Wendy's

2022: $9.50

$15.50

+63.2%

Chipotle

2022: $10.50

$15.80

+50.5%

Starbucks

2022: $4.70

$7.20

+53.2%

Eating out more? Save on groceries with Ibotta and cook at home more often.

Looking for an Apartment in Syracuse?

Average 1BR: $1,334/mo ยท 2BR: $1,920/mo

Browse Syracuse Apartments โ†’

Local Workforce

2024 ยท BLS QCEW

Total Jobs

245k

Median Weekly Pay

$1,335

$69k/yr

Top Sector

Trade, Transportation & Utilities

Household vs Worker Pay

$75k

household median

Employment by Sector โ€” Syracuse

% of local workforce ยท avg weekly wage ยท 5-year growth trend

Trade, Transportation & Utilities
+9.2% 5yr$1,103/wk
21.6%

~$57k/yr

Education & Health Services
-8.5% 5yr$1,239/wk
18.0%

~$64k/yr

Professional & Business Services
+4.2% 5yr$1,551/wk
13.5%

~$81k/yr

Leisure & Hospitality
-9.3% 5yr$540/wk
8.6%

~$28k/yr

Construction
-1.5% 5yr$1,668/wk
8.0%

~$87k/yr

Source: BLS QCEW 2024 Annual ยท County FIPS 36067

Highest Paying Sector

Financial Activities

$1,788/wk ยท $93k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$540/wk ยท $28k/yr

Syracuse Cost of Living FAQ

Is Syracuse, NY expensive to live in?

Syracuse has a cost of living index of 94, where 100 is the US average, so it is about 6% cheaper than average. It is the most affordable of the 18 New York cities we track.

What is the average rent in Syracuse, NY?

Typical rent in Syracuse is $1,627 a month for all home types as of September 2026, 16% below the national figure of $1,932. One bedroom units average about $1,334 and two bedrooms about $1,920. Source: Zillow Observed Rent Index for the metro area.

Is rent going up in Syracuse?

Rent in Syracuse rose 3.2% over the past year, faster than the 2.7% change nationally.

How much is gas in Syracuse?

Regular unleaded costs about $4.23 a gallon in Syracuse as of November 11, 2026, based on the AAA average for New York. That is 6% above the national average of $3.98.

How much is electricity in Syracuse?

Homes in New York pay an average of 28.6 cents per kWh (EIA), versus 18.4 cents nationally. At 900 kWh a month, a typical bill in Syracuse is about $258.

How much is car insurance in Syracuse?

Full coverage car insurance averages $2,877 a year in New York, or about $240 a month (Bankrate and NAIC state average), compared with $2,150 a year nationally.

How much do you need to live in Syracuse?

Median household income in the Syracuse area is $74,740 (Census ACS 2023, county level). Rent, gas, groceries, electricity and car insurance add up to about $35,200 a year, or 47% of that income. Groceries are counted at $7,165 a year, the average household spend on food at home in the region (BLS Consumer Expenditure Survey).

How does Syracuse compare with the rest of New York?

Rent in Syracuse is about the same as the $1,625 average across the 18 New York cities we track, and its cost of living index of 94 compares with a state average of 131.

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