Cost of Living in Mount Vernon, NY

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

Cost of Living Overview

Overall Index

157.3

100 = national avg

+57.3 vs national average

Living Wage (1 Adult)

$69,192

per year

Living Wage (Family of 4)

$163,546

per year

Cost Index by Category

Housing
225.2
Food
109.0
Transportation
137.5
Healthcare
107.2
Utilities
130.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,655

per month

2 Bedroom

$2,910

per month

The overall cost of living index in Mount Vernon is 157.3, which is 57.3% above the national average. Housing costs are above the national average at an index of 225.2. A single adult needs to earn approximately $69,192 per year to cover basic expenses.