Cost of Living in Lorenz Park, NY

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

Cost of Living Overview

Overall Index

119.1

100 = national avg

+19.1 vs national average

Living Wage (1 Adult)

$52,416

per year

Living Wage (Family of 4)

$123,892

per year

Cost Index by Category

Housing
120.0
Food
113.2
Transportation
126.4
Healthcare
110.6
Utilities
111.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,263

per month

2 Bedroom

$1,434

per month

The overall cost of living index in Lorenz Park is 119.1, which is 19.1% above the national average. Housing costs are above the national average at an index of 120.0. A single adult needs to earn approximately $52,416 per year to cover basic expenses.