salaryRent is lower than in 71% of U.S. cities. A typical house costs about 4.5 years of household income. Commutes are short, about 19.3 minutes. Most households rent (58%), so there are plenty of rental options. It is a highly educated city: 55.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $50,760 a year. That is $24 an hour at a full-time job.
Is rent cheaper than other New York cities?
Yes. Rent here is cheaper than in most of New York. It is number 51 of 343 cities from cheapest to most expensive.
How much do households earn in Geneseo?
Share of households by yearly income. 28.5% of households earn $100,000 or more.
Rent by apartment size in Geneseo
| Size | Geneseo | U.S. average |
|---|---|---|
| 1 bedroom | $651 | $1,324 |
| 2 bedrooms | $1,127 | $1,509 |
| 3 bedrooms | $943 | $1,698 |
| 4 bedrooms | $1,280 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Geneseo overall?
Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Geneseo, so the New York figure is shown.
Taxes and bills in Geneseo
Life in Geneseo
Is it cheaper to rent or buy in Geneseo?
Renting is cheaper right now: about $301 a month less.
Owning assumes a typical $226,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,620 for the down payment.
Frequently asked questions
What is the average rent in Geneseo, NY?
Renting in Geneseo costs a median of about $1,269 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Geneseo?
To keep rent under 30% of income, you need about $50,760 a year, or $24 an hour at a full-time job.
Is Geneseo cheap or expensive?
Geneseo is rated Expensive: rent takes 30.3% of the typical household income of $50,246. It ranks 51st cheapest of 343 New York cities we track.
How much are property taxes in Geneseo?
The median homeowner in Geneseo pays $5,985 a year in property taxes, about 2.65% of the median home value.
Is Geneseo more expensive than the national average?
Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Geneseo?
The median home value in Geneseo is $226,200, about 4.5 times the typical yearly household income.
7,701 people live in Geneseo. Numbers are typical (middle) values.