Cost of Living in Lorraine, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.8
100 = national avg
-17.2 vs national average
Living Wage (1 Adult)
$36,430
per year
Living Wage (Family of 4)
$86,106
per year
Cost Index by Category
Housing66.1
Transportation117.1
Utilities89.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,071
per month
2 Bedroom
$1,405
per month
The overall cost of living index in Lorraine is 82.8, which is 17.2% below the national average. Housing costs are below the national average at an index of 66.1. A single adult needs to earn approximately $36,430 per year to cover basic expenses.