Cost of Living in Inwood, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
175.2
100 = national avg
+75.2 vs national average
Living Wage (1 Adult)
$77,073
per year
Living Wage (Family of 4)
$182,172
per year
Cost Index by Category
Housing272.2
Food110.8
Transportation134.0
Healthcare108.6
Utilities140.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,379
per month
2 Bedroom
$2,747
per month
The overall cost of living index in Inwood is 175.2, which is 75.2% above the national average. Housing costs are above the national average at an index of 272.2. A single adult needs to earn approximately $77,073 per year to cover basic expenses.