Cost of Living in Phoenicia, NY

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

Cost of Living Overview

Overall Index

171.0

100 = national avg

+71.0 vs national average

Living Wage (1 Adult)

$75,253

per year

Living Wage (Family of 4)

$177,871

per year

Cost Index by Category

Housing
184.1
Utilities
125.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,386

per month

2 Bedroom

$1,818

per month

The overall cost of living index in Phoenicia is 171.0, which is 71.0% above the national average. Housing costs are above the national average at an index of 184.1. A single adult needs to earn approximately $75,253 per year to cover basic expenses.