Cost of Living in Alfred, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.6
100 = national avg
-10.4 vs national average
Living Wage (1 Adult)
$39,442
per year
Living Wage (Family of 4)
$93,226
per year
Cost Index by Category
Housing108.9
Food84.7
Transportation69.3
Healthcare87.7
Utilities92.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$754
per month
2 Bedroom
$974
per month
The overall cost of living index in Alfred is 89.6, which is 10.4% below the national average. Housing costs are above the national average at an index of 108.9. A single adult needs to earn approximately $39,442 per year to cover basic expenses.