Cost of Living in Yonkers
Yonkers' cost of living runs genuinely lower than New York City's own figures, offset by the city's real, distinctive local income-tax surcharge.
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Learn moreHousing costs below comparable NYC figures
Yonkers home values ran $630,256-$702,854 depending on source in 2026 -- genuinely below comparable New York City figures while still well above the national median.
A real, distinctive local income-tax cost
Yonkers' own 16.75% resident surcharge on NY State tax liability is a real, added local cost most other New York suburbs do not carry.
A comparatively favorable property tax rate
Yonkers' median effective property tax rate (~1.37%) runs genuinely below both the Westchester County average and the New York statewide median.
Key takeaways
- Housing costs run genuinely below comparable New York City figures.
- The 16.75% resident income-tax surcharge is a real, distinctive added local cost.
- Yonkers' own effective property tax rate runs comparatively favorable for the region.
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