Cost of Living in Hammondsport, NY

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

Cost of Living Overview

Overall Index

99.0

100 = national avg

-1.0 vs national average

Living Wage (1 Adult)

$43,570

per year

Living Wage (Family of 4)

$102,983

per year

Cost Index by Category

Housing
96.0
Food
103.9
Transportation
88.0
Healthcare
103.1
Utilities
101.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$871

per month

2 Bedroom

$1,081

per month

The overall cost of living index in Hammondsport is 99.0, which is 1.0% below the national average. Housing costs are below the national average at an index of 96.0. A single adult needs to earn approximately $43,570 per year to cover basic expenses.