Cost of Living in Cherry Valley, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.3
100 = national avg
+10.3 vs national average
Living Wage (1 Adult)
$48,517
per year
Living Wage (Family of 4)
$114,676
per year
Cost Index by Category
Housing90.2
Food115.6
Transportation131.2
Healthcare112.5
Utilities107.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$965
per month
2 Bedroom
$1,228
per month
The overall cost of living index in Cherry Valley is 110.3, which is 10.3% above the national average. Housing costs are below the national average at an index of 90.2. A single adult needs to earn approximately $48,517 per year to cover basic expenses.