Cost of Living in Frankfort, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.1
100 = national avg
-14.9 vs national average
Living Wage (1 Adult)
$37,443
per year
Living Wage (Family of 4)
$88,502
per year
Cost Index by Category
Housing90.0
Food87.4
Transportation74.8
Healthcare89.9
Utilities90.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$926
per month
2 Bedroom
$1,172
per month
The overall cost of living index in Frankfort is 85.1, which is 14.9% below the national average. Housing costs are below the national average at an index of 90.0. A single adult needs to earn approximately $37,443 per year to cover basic expenses.