New York · Population 209,529 · Updated March 2026
How far your income goes in Yonkers
State-level tax rates that affect your costs
Yonkers has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 133 (where 100 equals the national median), Yonkers residents can expect to pay median rent of $1,730/month while earning a median household income of $81,816/year.
The median home value in Yonkers, NY is $478,000, with typical monthly owner costs around $1,759 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.4%, Yonkers falls within the generally affordable range, though it's approaching the 30% burden threshold.
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 Yonkers.
Common questions about living costs in Yonkers
Compare the cost of living in Yonkers, NY with 299 other major U.S. cities