Cost of Living in Balmville, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
166.0
100 = national avg
+66.0 vs national average
Living Wage (1 Adult)
$73,019
per year
Living Wage (Family of 4)
$172,590
per year
Cost Index by Category
Housing201.4
Food131.9
Transportation163.9
Healthcare125.6
Utilities139.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,549
per month
2 Bedroom
$1,979
per month
The overall cost of living index in Balmville is 166.0, which is 66.0% above the national average. Housing costs are above the national average at an index of 201.4. A single adult needs to earn approximately $73,019 per year to cover basic expenses.