Cost of Living in Canastota, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
104.3
100 = national avg
+4.3 vs national average
Living Wage (1 Adult)
$45,894
per year
Living Wage (Family of 4)
$108,477
per year
Cost Index by Category
Housing100.3
Food104.5
Transportation110.3
Healthcare103.6
Utilities102.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,123
per month
2 Bedroom
$1,392
per month
The overall cost of living index in Canastota is 104.3, which is 4.3% above the national average. Housing costs are above the national average at an index of 100.3. A single adult needs to earn approximately $45,894 per year to cover basic expenses.