Cost of Living in Redford, 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)

$50,776

per year

Living Wage (Family of 4)

$120,016

per year

Cost Index by Category

Housing
93.2
Food
124.5
Transportation
123.1
Healthcare
119.6
Utilities
113.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$980

per month

2 Bedroom

$1,246

per month

The overall cost of living index in Redford is 115.4, which is 15.4% above the national average. Housing costs are below the national average at an index of 93.2. A single adult needs to earn approximately $50,776 per year to cover basic expenses.