CostIndexUSA

Racine, WI vs Syracuse, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostWI
Racine
96
overall index
$1,325/mo rent
NY
Syracuse
95.7
overall index
$1,575/mo rent

Racine and Syracuse have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing12.3%
Racine
92
Syracuse
80.7
🛒 Groceries+6.3%
Racine
93.8
Syracuse
99.7
🚗 Transportation1.7%
Racine
104.4
Syracuse
102.6
🏥 Healthcare1.6%
Racine
94.4
Syracuse
92.9
Utilities+48.2%
Racine
90
Syracuse
133.4

Salary Equivalency Calculator

Enter your current salary in Racine to see what you'd need to earn in Syracuse to maintain the same purchasing power.

$
Equivalent salary in Syracuse, NY
$79,800
$200 less needed in Syracuse

Formula: salary × (95.7 ÷ 96) = salary × 0.9969. Based on BEA Regional Price Parities.

Housing Market

Racine, WI

Median Home Price
$293,000
Median Monthly Rent
$1,325
Housing Index
92
Price-to-Rent Ratio
18.4×

Syracuse, NY

Median Home Price
$245,000
Median Monthly Rent
$1,575
Housing Index
80.7
Price-to-Rent Ratio
13.0×

Racine has 12.3% lower housing costs compared to Syracuse.

Income & Job Market

Racine, WI

Median Household Income
$74,000
Per Capita Income
$42,200
Unemployment Rate
3.6%
Population
78,900
Top Industries
ManufacturingHealthcareRetailTechnologyFinance

Syracuse, NY

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
4%
Population
148,458
Top Industries
HealthcareEducationManufacturingFinanceGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Racine, WI
4.7×income-to-rent ratio

79% of income left after rent (median)

Syracuse, NY
3.9×income-to-rent ratio

74% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.