Cost of Living in Hankins, NY

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

Cost of Living Overview

Overall Index

111.4

100 = national avg

+11.4 vs national average

Living Wage (1 Adult)

$48,998

per year

Living Wage (Family of 4)

$115,813

per year

Cost Index by Category

Housing
133.0
Food
99.0
Transportation
98.1
Healthcare
99.2
Utilities
106.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,070

per month

2 Bedroom

$1,302

per month

The overall cost of living index in Hankins is 111.4, which is 11.4% above the national average. Housing costs are above the national average at an index of 133.0. A single adult needs to earn approximately $48,998 per year to cover basic expenses.