Cost of Living in Peekskill, NY

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

Cost of Living Overview

Overall Index

163.2

100 = national avg

+63.2 vs national average

Living Wage (1 Adult)

$71,819

per year

Living Wage (Family of 4)

$169,753

per year

Cost Index by Category

Housing
223.8
Food
119.6
Transportation
139.2
Healthcare
115.7
Utilities
136.5

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 Peekskill is 163.2, which is 63.2% above the national average. Housing costs are above the national average at an index of 223.8. A single adult needs to earn approximately $71,819 per year to cover basic expenses.