Cost of Living in Armonk, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
322.6
100 = national avg
+222.6 vs national average
Living Wage (1 Adult)
$141,938
per year
Living Wage (Family of 4)
$335,489
per year
Cost Index by Category
Housing400.0
Food200.0
Transportation375.3
Healthcare200.0
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,655
per month
2 Bedroom
$2,910
per month
The overall cost of living index in Armonk is 322.6, which is 222.6% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $141,938 per year to cover basic expenses.