Cost of Living in New Square, NY

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

Cost of Living Overview

Overall Index

133.7

100 = national avg

+33.7 vs national average

Living Wage (1 Adult)

$58,832

per year

Living Wage (Family of 4)

$139,057

per year

Cost Index by Category

Housing
255.0
Food
72.1
Transportation
52.3
Healthcare
77.7
Utilities
114.2

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 Square is 133.7, which is 33.7% above the national average. Housing costs are above the national average at an index of 255.0. A single adult needs to earn approximately $58,832 per year to cover basic expenses.