States › New York › Solvay

Is Solvay, NY expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,34323% lower than U.S. average
💵 Families earn per year (2026)$65,968about $5,497/month · 24% lower than U.S. average
🔑 House price$150,00055% lower than U.S. average

Rent is lower than in 66% 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 19.3 minutes.

How much money do I need?

To rent here comfortably, you should earn about $53,720 a year. That is $26 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 70 of 343 cities from cheapest to most expensive.

Solvay
$1,343
$2,860
$2,309
$3,500+
$2,512

How much do households earn in Solvay?

Under $25k
12.3%
$25k–50k
32.9%
$50k–100k
32.0%
$100k–150k
13.9%
$150k+
6.6%

Share of households by yearly income. 20.6% of households earn $100,000 or more.

Rent by apartment size in Solvay

SizeSolvayU.S. average
1 bedroom$887$1,324
2 bedrooms$1,082$1,509
3 bedrooms$1,600$1,698

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

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

Taxes and bills in Solvay

🏛️ Property tax$4,459a year · 2.97% of home value · U.S. $3,119
⚡ Electric bill$74a month (typical) · U.S. $156

Life in Solvay

Commute to work19.3 minU.S.: 26.4 min
College degree24%U.S.: 35.7%
Own their home51.3%U.S.: 65.2%
Below poverty line6.9%U.S.: 12.5%
Unemployment7.8%U.S.: 5.2%

Is it cheaper to rent or buy in Solvay?

Buying is cheaper month to month: about $302 a month less than renting.

Renting
$1,343
Owning
$1,041

Owning assumes a typical $150,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,000 for the down payment.

Frequently asked questions

What is the average rent in Solvay, NY?

Renting in Solvay costs a median of about $1,343 a month in 2026, including utilities. The New York median is $2,177.

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

To keep rent under 30% of income, you need about $53,720 a year, or $26 an hour at a full-time job.

Is Solvay cheap or expensive?

Solvay is rated OK: rent takes 24.4% of the typical household income of $65,968. It ranks 70th cheapest of 343 New York cities we track.

How much are property taxes in Solvay?

The median homeowner in Solvay pays $4,459 a year in property taxes, about 2.97% of the median home value.

Is Solvay 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 Solvay?

The median home value in Solvay is $150,000, about 2.3 times the typical yearly household income.

6,544 people live in Solvay. Numbers are typical (middle) values.