Cost of Living in Latham, NY

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

Cost of Living Overview

Overall Index

148.6

100 = national avg

+48.6 vs national average

Living Wage (1 Adult)

$65,381

per year

Living Wage (Family of 4)

$154,536

per year

Cost Index by Category

Housing
164.8
Food
127.6
Transportation
155.3
Healthcare
122.1
Utilities
129.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,417

per month

2 Bedroom

$1,702

per month

The overall cost of living index in Latham is 148.6, which is 48.6% above the national average. Housing costs are above the national average at an index of 164.8. A single adult needs to earn approximately $65,381 per year to cover basic expenses.