Cost of Living in Melrose Park, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
146.8
100 = national avg
+46.8 vs national average
Living Wage (1 Adult)
$64,596
per year
Living Wage (Family of 4)
$152,681
per year
Cost Index by Category
Housing156.5
Food129.1
Transportation158.2
Healthcare123.3
Utilities128.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$889
per month
2 Bedroom
$1,124
per month
The overall cost of living index in Melrose Park is 146.8, which is 46.8% above the national average. Housing costs are above the national average at an index of 156.5. A single adult needs to earn approximately $64,596 per year to cover basic expenses.