Cost of Living in New Hempstead, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
227.0
100 = national avg
+127.0 vs national average
Living Wage (1 Adult)
$99,859
per year
Living Wage (Family of 4)
$236,031
per year
Cost Index by Category
Housing322.0
Food150.4
Transportation200.7
Healthcare140.3
Utilities174.6
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 New Hempstead is 227.0, which is 127.0% above the national average. Housing costs are above the national average at an index of 322.0. A single adult needs to earn approximately $99,859 per year to cover basic expenses.