Cost of Living in Malverne, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
220.3
100 = national avg
+120.3 vs national average
Living Wage (1 Adult)
$96,950
per year
Living Wage (Family of 4)
$229,154
per year
Cost Index by Category
Housing276.0
Food162.0
Transportation224.1
Healthcare149.6
Utilities172.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,379
per month
2 Bedroom
$2,747
per month
The overall cost of living index in Malverne is 220.3, which is 120.3% above the national average. Housing costs are above the national average at an index of 276.0. A single adult needs to earn approximately $96,950 per year to cover basic expenses.