Cost of Living in Lake Mohegan, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

239.7

100 = national avg

+139.7 vs national average

Living Wage (1 Adult)

$105,486

per year

Living Wage (Family of 4)

$249,331

per year

Cost Index by Category

Housing
302.4
Food
172.9
Transportation
245.7
Healthcare
158.3
Utilities
184.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,655

per month

2 Bedroom

$2,910

per month

The overall cost of living index in Lake Mohegan is 239.7, which is 139.7% above the national average. Housing costs are above the national average at an index of 302.4. A single adult needs to earn approximately $105,486 per year to cover basic expenses.