Cost of Living in Mount Sinai, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

251.5

100 = national avg

+151.5 vs national average

Living Wage (1 Adult)

$110,651

per year

Living Wage (Family of 4)

$261,538

per year

Cost Index by Category

Housing
348.8
Food
180.1
Transportation
181.1
Healthcare
164.1
Utilities
197.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,379

per month

2 Bedroom

$2,747

per month

The overall cost of living index in Mount Sinai is 251.5, which is 151.5% above the national average. Housing costs are above the national average at an index of 348.8. A single adult needs to earn approximately $110,651 per year to cover basic expenses.