White Plains, NY

Very High · 169

New York · Population 59,818 · Updated March 2026

$2,151
Median Rent / Month
$115,586
Median Income
$624,100
Median Home Value
$2,245
Owner Costs / Month

Affordability

How far your income goes in White Plains

22.3%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in New York

State-level tax rates that affect your costs

10.9%
Income Tax (Top Rate)
4.0%
Sales Tax
1.62%
Property Tax Rate

Estimated Annual Costs

$25,812
Annual Rent
$12,599
State Income Tax
$10,110
Property Tax (est.)

Cost of Living Overview

White Plains has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 169 (where 100 equals the national median), White Plains residents can expect to pay median rent of $2,151/month while earning a median household income of $115,586/year.

The median home value in White Plains, NY is $624,100, with typical monthly owner costs around $2,245 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

New York's top income tax rate of 10.9% is among the highest in the nation, adding to the overall cost burden. Combined with a 4.0% sales tax rate and 1.62% effective property tax rate, the overall tax environment is a factor in the total cost of living in White Plains.

Frequently Asked Questions

Common questions about living costs in White Plains

What is the cost of living in White Plains, NY?
The cost of living index in White Plains, NY is 169 (US average = 100). Median monthly rent is $2,151, median household income is $115,586/year, and the median home value is $624,100.
Is White Plains, NY affordable?
No, White Plains is more expensive than the national average with a cost index of 169. The rent-to-income ratio is 22.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in White Plains, NY?
The median gross rent in White Plains, NY is $2,151 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $25,812.
What is the median household income in White Plains?
The median household income in White Plains, NY is $115,586 per year. This compares to the national median of approximately $80,000.
What are the taxes like in New York?
New York has a top income tax rate of 10.9%, a sales tax of 4.0%, and an effective property tax rate of 1.62%.