Cost of Living in Corning, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

99.6

100 = national avg

-0.4 vs national average

Living Wage (1 Adult)

$43,842

per year

Living Wage (Family of 4)

$103,627

per year

Cost Index by Category

Housing
107.1
Food
96.6
Transportation
93.3
Healthcare
97.3
Utilities
99.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$871

per month

2 Bedroom

$1,081

per month

The overall cost of living index in Corning is 99.6, which is 0.4% below the national average. Housing costs are above the national average at an index of 107.1. A single adult needs to earn approximately $43,842 per year to cover basic expenses.