States › New York › Geneva

Is Geneva, NY expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,28827% lower than U.S. average
💵 Families earn per year (2026)$85,671about $7,139/month · 2% lower than U.S. average
🔑 House price$165,50050% lower than U.S. average

Rent is lower than in 70% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.2 minutes.

How much money do I need?

To rent here comfortably, you should earn about $51,520 a year. That is $25 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 57 of 343 cities from cheapest to most expensive.

Geneva
$1,288
$2,255
$1,066
$2,349

How much do households earn in Geneva?

Under $25k
11.8%
$25k–50k
22.8%
$50k–100k
40.8%
$100k–150k
13.4%
$150k+
6.8%

Share of households by yearly income. 20.2% of households earn $100,000 or more.

Rent by apartment size in Geneva

SizeGenevaU.S. average
Studio$861$1,338
1 bedroom$971$1,324
2 bedrooms$1,175$1,509
3 bedrooms$1,517$1,698
4 bedrooms$1,779$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Geneva overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Geneva, so the New York figure is shown.

Taxes and bills in Geneva

🏛️ Property tax$4,294a year · 2.59% of home value · U.S. $3,119
⚡ Electric bill$147a month (typical) · U.S. $156

Life in Geneva

Commute to work17.2 minU.S.: 26.4 min
College degree38.6%U.S.: 35.7%
Own their home51.7%U.S.: 65.2%
Below poverty line16%U.S.: 12.5%
Unemployment3.4%U.S.: 5.2%

Is it cheaper to rent or buy in Geneva?

Buying is cheaper month to month: about $140 a month less than renting.

Renting
$1,288
Owning
$1,148

Owning assumes a typical $165,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,550 for the down payment.

Frequently asked questions

What is the average rent in Geneva, NY?

Renting in Geneva costs a median of about $1,288 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Geneva?

To keep rent under 30% of income, you need about $51,520 a year, or $25 an hour at a full-time job.

Is Geneva cheap or expensive?

Geneva is rated Cheap: rent takes 18.0% of the typical household income of $85,671. It ranks 57th cheapest of 343 New York cities we track.

How much are property taxes in Geneva?

The median homeowner in Geneva pays $4,294 a year in property taxes, about 2.59% of the median home value.

Is Geneva 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 Geneva?

The median home value in Geneva is $165,500, about 1.9 times the typical yearly household income.

12,512 people live in Geneva. Numbers are typical (middle) values.