City Comparison

Alexandria vs Ithaca

Cost of Living Comparison · 2026

Alexandria

Virginia
145
Expensive
$590,000
Median Home
$2,125/mo
Median Rent
$119,700
Median Income

Ithaca

New York
94
Below Average
$324,000
Median Home
$1,475/mo
Median Rent
$48,600
Median Income

The Verdict

54.3%

Ithaca is 54.3% less expensive than Alexandria overall. A household earning $75,000 in Alexandria would need approximately $48,621 in Ithaca to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
201
Alexandria
117
Ithaca
Groceries
113
Alexandria
103
Ithaca
Utilities
97
Alexandria
102
Ithaca
Transportation
107
Alexandria
96
Ithaca
Healthcare
102
Alexandria
99
Ithaca

Salary Equivalence

A $75,000 salary in Alexandria has the same purchasing power as $48,621 in Ithaca.

Conversely, $75,000 in Ithaca equals $115,691 in Alexandria.

Living in Alexandria vs Ithaca

Housing Costs

Alexandria's housing index of 201 is higher Ithaca's 117, translating to median home prices of $590,000 vs $324,000. The $266,000 difference in home prices means roughly $17,292 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,125/mo in Alexandria compared to $1,475/mo in Ithaca, a monthly difference of $650.

Grocery & Food Costs

Grocery expenses index at 113 in Alexandria and 103 in Ithaca. A household spending the national average of $475/month on groceries would pay approximately $537/month in Alexandria vs $489/month in Ithaca. Ithaca offers a meaningful advantage on everyday food costs, saving roughly $576/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Alexandria and 102 in Ithaca. Monthly utility bills average approximately $388 in Alexandria vs $408 in Ithaca. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 102 in Alexandria and 99 in Ithaca. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $119,700 in Alexandria and $48,600 in Ithaca. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,552 and $51,702 respectively. Alexandria residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,793/month to housing in Alexandria vs $1,134/month in Ithaca. In Alexandria, median rent of $2,125/mo fits within this budget. In Ithaca, median rent of $1,475/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 84 index points — focus your budget analysis there.

Frequently Asked Questions

Ithaca is 54.3% more affordable overall with an index of 94 vs 145.
A $75,000 salary in Alexandria has equivalent purchasing power to approximately $48,621 in Ithaca, based on the cost of living difference.
Alexandria's housing index is 201 with median homes at $590,000, while Ithaca's is 117 with median homes at $324,000.

Moving & Relocation Resources

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