New York's 10 Cheapest Places to Live

1. Ilion

Population: 7,766
Last year's rank: 1
Ratio of home price to income: 1.3x (most affordable)
The ratio of rent to income is 99.1x (88th cheapest)

2. Ogdensburg

Population: 10,559
Last year's rank: 2
Ratio of home price to income: 1.4x
The ratio of rent to income is 84.9x

3. Massena

Population: 9,617
Last year's rank: 4 (Up 1)
Ratio of home price to income: 1.8x
Ratio of income to rent: 75.0x (10cheapest)

4. Hornell

Population: 8,274
Last year's rank: 3 (Down 1)
Ratio of home price to income: 1.5 
Income/Rent Ratio: 69.0x (15cheapest)

5. Herkimer

Population: 6,912
Last year's rank: 5 (No Change)
Ratio of home price to income: 1.8x
Ratio of income to rent: 70.1x (155th cheapest)

6. Olean

Population: 13,580
Last year's rank: 6 (No Change)
Ratio of home price to income: 1.8x
Income to rent ratio: 64.8 (124th cheapest)

7. Niagara Falls

Population: 47,978
Last year's rank: 29 (Up 22)
Ratio of home price to income: 1.9x
Income to rent ratio: 63.4 (117th cheapest)

8. Fulton

Population: 11,209
Last year's rank: 7 (Down 1)
Ratio of home price to income: 1.7x
Income to rent ratio: 59.1 (108th cheapest)

9. Newark

Population: 8,868
Last year's rank: 33 (Up 24)
Ratio of home price to income: 1.9x 
The ratio of income to rent is 64.6. (28th cheapest)

10. Rome

Population: 32,217
Last year's rank: 19 (Up 9)
Ratio of home price to income: 2 
Income to rent ratio: 66.4 (60th cheapest)

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