City Comparison

Roanoke vs Yonkers

Cost of Living Comparison · 2026

Roanoke

Virginia
81
Very Affordable
$225,000
Median Home
$1,075/mo
Median Rent
$52,700
Median Income

Yonkers

New York
142
Expensive
$635,000
Median Home
$2,200/mo
Median Rent
$80,600
Median Income

The Verdict

43.0%

Roanoke is 43.0% less expensive than Yonkers overall. A household earning $75,000 in Roanoke would need approximately $131,481 in Yonkers to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
57
Roanoke
203
Yonkers
Groceries
97
Roanoke
106
Yonkers
Utilities
116
Roanoke
117
Yonkers
Transportation
98
Roanoke
116
Yonkers
Healthcare
91
Roanoke
107
Yonkers

Salary Equivalence

A $75,000 salary in Roanoke has the same purchasing power as $131,481 in Yonkers.

Conversely, $75,000 in Yonkers equals $42,782 in Roanoke.

Living in Roanoke vs Yonkers

Housing Costs

Roanoke's housing index of 57 is lower Yonkers's 203, translating to median home prices of $225,000 vs $635,000. The $410,000 difference in home prices means roughly $26,652 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Roanoke compared to $2,200/mo in Yonkers, a monthly difference of $1,125.

Grocery & Food Costs

Grocery expenses index at 97 in Roanoke and 106 in Yonkers. A household spending the national average of $475/month on groceries would pay approximately $461/month in Roanoke vs $504/month in Yonkers. Roanoke offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 116 in Roanoke and 117 in Yonkers. Monthly utility bills average approximately $464 in Roanoke vs $468 in Yonkers. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 91 in Roanoke and 107 in Yonkers. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 16-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $52,700 in Roanoke and $80,600 in Yonkers. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $65,062 and $56,761 respectively. Roanoke residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,230/month to housing in Roanoke vs $1,881/month in Yonkers. In Roanoke, median rent of $1,075/mo fits within this budget. In Yonkers, median rent of $2,200/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 146 index points — focus your budget analysis there.

Frequently Asked Questions

Roanoke is 43.0% more affordable overall with an index of 81 vs 142.
A $75,000 salary in Roanoke has equivalent purchasing power to approximately $131,481 in Yonkers, based on the cost of living difference.
Roanoke's housing index is 57 with median homes at $225,000, while Yonkers's is 203 with median homes at $635,000.

Moving & Relocation Resources

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