Cost of Living in Otego, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
107.4
100 = national avg
+7.4 vs national average
Living Wage (1 Adult)
$47,277
per year
Living Wage (Family of 4)
$111,745
per year
Cost Index by Category
Housing106.9
Food108.8
Transportation98.1
Healthcare107.0
Utilities106.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$965
per month
2 Bedroom
$1,228
per month
The overall cost of living index in Otego is 107.4, which is 7.4% above the national average. Housing costs are above the national average at an index of 106.9. A single adult needs to earn approximately $47,277 per year to cover basic expenses.