Cost of Living in Elba, NY

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

Cost of Living Overview

Overall Index

96.6

100 = national avg

-3.4 vs national average

Living Wage (1 Adult)

$42,501

per year

Living Wage (Family of 4)

$100,457

per year

Cost Index by Category

Housing
88.7
Food
101.5
Transportation
99.5
Healthcare
101.2
Utilities
98.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$953

per month

2 Bedroom

$1,168

per month

The overall cost of living index in Elba is 96.6, which is 3.4% below the national average. Housing costs are below the national average at an index of 88.7. A single adult needs to earn approximately $42,501 per year to cover basic expenses.