Cost of Living in Cherry Creek, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.9
100 = national avg
-8.1 vs national average
Living Wage (1 Adult)
$40,436
per year
Living Wage (Family of 4)
$95,577
per year
Cost Index by Category
Housing72.8
Food102.2
Transportation104.4
Healthcare101.8
Utilities95.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$754
per month
2 Bedroom
$975
per month
The overall cost of living index in Cherry Creek is 91.9, which is 8.1% below the national average. Housing costs are below the national average at an index of 72.8. A single adult needs to earn approximately $40,436 per year to cover basic expenses.