Cost of Living in Lawrence, NY

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

Cost of Living Overview

Overall Index

282.5

100 = national avg

+182.5 vs national average

Living Wage (1 Adult)

$124,315

per year

Living Wage (Family of 4)

$293,835

per year

Cost Index by Category

Housing
394.7
Food
183.6
Transportation
267.2
Healthcare
166.9
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,379

per month

2 Bedroom

$2,747

per month

The overall cost of living index in Lawrence is 282.5, which is 182.5% above the national average. Housing costs are above the national average at an index of 394.7. A single adult needs to earn approximately $124,315 per year to cover basic expenses.