Cost of Living in Ghent, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
149.7
100 = national avg
+49.7 vs national average
Living Wage (1 Adult)
$65,852
per year
Living Wage (Family of 4)
$155,650
per year
Cost Index by Category
Housing198.9
Food114.7
Transportation129.4
Healthcare111.8
Utilities128.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,263
per month
2 Bedroom
$1,434
per month
The overall cost of living index in Ghent is 149.7, which is 49.7% above the national average. Housing costs are above the national average at an index of 198.9. A single adult needs to earn approximately $65,852 per year to cover basic expenses.