Cost of Living in New City, NY

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

Cost of Living Overview

Overall Index

238.2

100 = national avg

+138.2 vs national average

Living Wage (1 Adult)

$104,813

per year

Living Wage (Family of 4)

$247,739

per year

Cost Index by Category

Housing
306.5
Food
183.4
Transportation
184.3
Healthcare
166.7
Utilities
191.3

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 New City is 238.2, which is 138.2% above the national average. Housing costs are above the national average at an index of 306.5. A single adult needs to earn approximately $104,813 per year to cover basic expenses.