Cost of Living in Monsey, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
163.9
100 = national avg
+63.9 vs national average
Living Wage (1 Adult)
$72,113
per year
Living Wage (Family of 4)
$170,449
per year
Cost Index by Category
Housing302.7
Food87.5
Transportation75.0
Healthcare90.0
Utilities133.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,655
per month
2 Bedroom
$2,910
per month
The overall cost of living index in Monsey is 163.9, which is 63.9% above the national average. Housing costs are above the national average at an index of 302.7. A single adult needs to earn approximately $72,113 per year to cover basic expenses.