Cost of Living in Olcott, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
107.2
100 = national avg
+7.2 vs national average
Living Wage (1 Adult)
$47,188
per year
Living Wage (Family of 4)
$111,536
per year
Cost Index by Category
Housing102.0
Food107.3
Transportation114.6
Healthcare105.8
Utilities104.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,139
per month
2 Bedroom
$1,343
per month
The overall cost of living index in Olcott is 107.2, which is 7.2% above the national average. Housing costs are above the national average at an index of 102.0. A single adult needs to earn approximately $47,188 per year to cover basic expenses.