Cost of Living in Medford, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
208.0
100 = national avg
+108.0 vs national average
Living Wage (1 Adult)
$91,520
per year
Living Wage (Family of 4)
$216,321
per year
Cost Index by Category
Housing275.7
Food148.3
Transportation196.6
Healthcare138.7
Utilities164.1
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 Medford is 208.0, which is 108.0% above the national average. Housing costs are above the national average at an index of 275.7. A single adult needs to earn approximately $91,520 per year to cover basic expenses.