Cost of Living in Hermon, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.1
100 = national avg
-0.9 vs national average
Living Wage (1 Adult)
$43,584
per year
Living Wage (Family of 4)
$103,017
per year
Cost Index by Category
Housing57.6
Food113.6
Transportation144.9
Healthcare110.9
Utilities99.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$816
per month
2 Bedroom
$1,071
per month
The overall cost of living index in Hermon is 99.1, which is 0.9% below the national average. Housing costs are below the national average at an index of 57.6. A single adult needs to earn approximately $43,584 per year to cover basic expenses.