Cost of Living in Lockport, NY

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

Cost of Living Overview

Overall Index

96.2

100 = national avg

-3.8 vs national average

Living Wage (1 Adult)

$42,311

per year

Living Wage (Family of 4)

$100,007

per year

Cost Index by Category

Housing
100.1
Food
95.2
Transportation
92.9
Healthcare
96.2
Utilities
97.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,139

per month

2 Bedroom

$1,343

per month

The overall cost of living index in Lockport is 96.2, which is 3.8% below the national average. Housing costs are above the national average at an index of 100.1. A single adult needs to earn approximately $42,311 per year to cover basic expenses.