Cost of Living in Island Park, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
188.3
100 = national avg
+88.3 vs national average
Living Wage (1 Adult)
$82,853
per year
Living Wage (Family of 4)
$195,834
per year
Cost Index by Category
Housing266.5
Food130.0
Transportation160.0
Healthcare124.0
Utilities151.3
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 Island Park is 188.3, which is 88.3% above the national average. Housing costs are above the national average at an index of 266.5. A single adult needs to earn approximately $82,853 per year to cover basic expenses.