Cost of Living in Hamilton, NY

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

Cost of Living Overview

Overall Index

118.4

100 = national avg

+18.4 vs national average

Living Wage (1 Adult)

$52,078

per year

Living Wage (Family of 4)

$123,093

per year

Cost Index by Category

Housing
155.9
Food
97.4
Transportation
94.8
Healthcare
97.9
Utilities
109.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,123

per month

2 Bedroom

$1,392

per month

The overall cost of living index in Hamilton is 118.4, which is 18.4% above the national average. Housing costs are above the national average at an index of 155.9. A single adult needs to earn approximately $52,078 per year to cover basic expenses.