Cost of Living in Ransomville, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
123.1
100 = national avg
+23.1 vs national average
Living Wage (1 Adult)
$54,154
per year
Living Wage (Family of 4)
$127,999
per year
Cost Index by Category
Housing104.1
Food124.2
Transportation148.4
Healthcare119.4
Utilities115.4
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 Ransomville is 123.1, which is 23.1% above the national average. Housing costs are above the national average at an index of 104.1. A single adult needs to earn approximately $54,154 per year to cover basic expenses.