Cost of living in Medford, NY — Housing, Rent & Index

All states·New York·Medford·Cost of living

Housing, rent, and a comparison to the US average.

$599,058
Median home value
/mo
Median rent
169
Cost index (US=100)
+4.1%
Home YoY change

The median home value in Medford, NY is $599,058 as of 2026-04. That places Medford above the US average for housing cost, with a cost index of approximately 169 versus a national baseline of 100.

Over the past 12 months, the median home value in Medford has climbed 4.1%, and over the past five years it has averaged +7.1% annual growth. The current price sits +0.0% from its 5-year peak in 2026-04.

Beyond housing, day-to-day costs in Medford are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$599,058
1-year change+4.1%
5-year CAGR+7.1%
10-year CAGR+7.8%
vs 5-year peak+0.0%

Source: Zillow Home Value Index (ZHVI).

How Medford compares

Cost index169 (above US)
Median home vs US (~$355k)+68.7%
Population24,247
Momentum score78 (Hot)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.