Cost of Living in Gorham, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
123.9
100 = national avg
+23.9 vs national average
Living Wage (1 Adult)
$54,526
per year
Living Wage (Family of 4)
$128,879
per year
Cost Index by Category
Housing127.0
Food115.7
Transportation131.3
Healthcare112.5
Utilities114.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,256
per month
2 Bedroom
$1,573
per month
The overall cost of living index in Gorham is 123.9, which is 23.9% above the national average. Housing costs are above the national average at an index of 127.0. A single adult needs to earn approximately $54,526 per year to cover basic expenses.