Cost of Living in Cortland, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.5
100 = national avg
-7.5 vs national average
Living Wage (1 Adult)
$40,700
per year
Living Wage (Family of 4)
$96,200
per year
Cost Index by Category
Housing102.4
Food92.3
Transportation74.4
Healthcare93.9
Utilities95.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$960
per month
2 Bedroom
$1,198
per month
The overall cost of living index in Cortland is 92.5, which is 7.5% below the national average. Housing costs are above the national average at an index of 102.4. A single adult needs to earn approximately $40,700 per year to cover basic expenses.