Cost of Living in Herkimer, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.4
100 = national avg
-8.6 vs national average
Living Wage (1 Adult)
$40,206
per year
Living Wage (Family of 4)
$95,033
per year
Cost Index by Category
Housing91.7
Food93.8
Transportation87.6
Healthcare95.0
Utilities94.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$926
per month
2 Bedroom
$1,172
per month
The overall cost of living index in Herkimer is 91.4, which is 8.6% below the national average. Housing costs are below the national average at an index of 91.7. A single adult needs to earn approximately $40,206 per year to cover basic expenses.