Cost of Living in Ravena, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
115.4
100 = national avg
+15.4 vs national average
Living Wage (1 Adult)
$50,795
per year
Living Wage (Family of 4)
$120,061
per year
Cost Index by Category
Housing120.1
Food109.0
Transportation118.0
Healthcare107.2
Utilities109.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,417
per month
2 Bedroom
$1,702
per month
The overall cost of living index in Ravena is 115.4, which is 15.4% above the national average. Housing costs are above the national average at an index of 120.1. A single adult needs to earn approximately $50,795 per year to cover basic expenses.