Cost of Living in Liberty, NY

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

Cost of Living Overview

Overall Index

92.3

100 = national avg

-7.7 vs national average

Living Wage (1 Adult)

$40,612

per year

Living Wage (Family of 4)

$95,993

per year

Cost Index by Category

Housing
109.1
Food
87.5
Transportation
75.1
Healthcare
90.0
Utilities
94.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,070

per month

2 Bedroom

$1,302

per month

The overall cost of living index in Liberty is 92.3, which is 7.7% below the national average. Housing costs are above the national average at an index of 109.1. A single adult needs to earn approximately $40,612 per year to cover basic expenses.