States › New York › Hornell

Is Hornell, NY expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,02941% lower than U.S. average
💵 Families earn per year (2026)$51,105about $4,259/month · 41% lower than U.S. average
🔑 House price$94,50072% lower than U.S. average

Rent is lower than in 86% 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 16.8 minutes.

How much money do I need?

To rent here comfortably, you should earn about $41,160 a year. That is $20 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 17 of 343 cities from cheapest to most expensive.

Hornell
$1,029
$2,981
$2,077
$1,078
$2,471

How much do households earn in Hornell?

Under $25k
21.2%
$25k–50k
29.5%
$50k–100k
32.8%
$100k–150k
6.7%
$150k+
2.9%

Share of households by yearly income. 9.5% of households earn $100,000 or more.

Rent by apartment size in Hornell

SizeHornellU.S. average
Studio$808$1,338
1 bedroom$734$1,324
2 bedrooms$982$1,509
3 bedrooms$1,077$1,698
4 bedrooms$1,014$2,098

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

How expensive is Hornell 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 Hornell, so the New York figure is shown.

Taxes and bills in Hornell

🏛️ Property tax$2,636a year · 2.79% of home value · U.S. $3,119
⚡ Electric bill$93a month (typical) · U.S. $156

Life in Hornell

Commute to work16.8 minU.S.: 26.4 min
College degree21.9%U.S.: 35.7%
Own their home48.8%U.S.: 65.2%
Below poverty line23.3%U.S.: 12.5%
Unemployment11.4%U.S.: 5.2%

Is it cheaper to rent or buy in Hornell?

Buying is cheaper month to month: about $373 a month less than renting.

Renting
$1,029
Owning
$656

Owning assumes a typical $94,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,450 for the down payment.

Frequently asked questions

What is the average rent in Hornell, NY?

Renting in Hornell costs a median of about $1,029 a month in 2026, including utilities. The New York median is $2,177.

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

To keep rent under 30% of income, you need about $41,160 a year, or $20 an hour at a full-time job.

Is Hornell cheap or expensive?

Hornell is rated OK: rent takes 24.2% of the typical household income of $51,105. It ranks 17th cheapest of 343 New York cities we track.

How much are property taxes in Hornell?

The median homeowner in Hornell pays $2,636 a year in property taxes, about 2.79% of the median home value.

Is Hornell 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 Hornell?

The median home value in Hornell is $94,500, about 1.8 times the typical yearly household income.

8,152 people live in Hornell. Numbers are typical (middle) values.