Cost of Living in Otter Lake, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
128.5
100 = national avg
+28.5 vs national average
Living Wage (1 Adult)
$56,538
per year
Living Wage (Family of 4)
$133,635
per year
Cost Index by Category
Housing142.0
Food114.0
Transportation131.2
Healthcare111.2
Utilities116.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$926
per month
2 Bedroom
$1,172
per month
The overall cost of living index in Otter Lake is 128.5, which is 28.5% above the national average. Housing costs are above the national average at an index of 142.0. A single adult needs to earn approximately $56,538 per year to cover basic expenses.