Median Home PriceBETTER
$225,469.56
Median RentBETTER
$1,472.17/mo
Price-to-Rent RatioBETTER
12.8
Property Tax RateTIE
1.72%
Price Change (1Y)BETTER
+7.2%
Price Change (5Y)BETTER
+36.1%
Break-Even YearsBETTER
4 years
10-Year Wealth DifferenceBETTER
+$49,393
Median Home Price
$824,578.55
Median Rent
$3,016.38/mo
Price-to-Rent Ratio
22.8
Property Tax RateTIE
1.72%
Price Change (1Y)
+3.7%
Price Change (5Y)
+18.3%
Break-Even Years
N/A
10-Year Wealth Difference
$528,335
Key Differences
Home Prices
Utica's median home price of $225,469.56 is lower than Yonkers's $824,578.55 by 73%.
Monthly Rent
Renting in Utica costs $1,472.17/mo compared to $3,016.38/mo in Yonkers—a difference of $1,544.21/mo.
Buy vs Rent Verdict
Utica favors buying, while Yonkers favors renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.