Cost of Living in Lake Grove, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
204.7
100 = national avg
+104.7 vs national average
Living Wage (1 Adult)
$90,082
per year
Living Wage (Family of 4)
$212,920
per year
Cost Index by Category
Housing283.5
Food141.4
Transportation182.8
Healthcare133.1
Utilities161.5
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 Lake Grove is 204.7, which is 104.7% above the national average. Housing costs are above the national average at an index of 283.5. A single adult needs to earn approximately $90,082 per year to cover basic expenses.