Cost of Living in Rapids, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
155.9
100 = national avg
+55.9 vs national average
Living Wage (1 Adult)
$68,574
per year
Living Wage (Family of 4)
$162,085
per year
Cost Index by Category
Housing198.5
Food129.1
Transportation114.9
Healthcare123.3
Utilities137.2
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 Rapids is 155.9, which is 55.9% above the national average. Housing costs are above the national average at an index of 198.5. A single adult needs to earn approximately $68,574 per year to cover basic expenses.