Cost of Living in Riverhead, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
167.5
100 = national avg
+67.5 vs national average
Living Wage (1 Adult)
$73,702
per year
Living Wage (Family of 4)
$174,205
per year
Cost Index by Category
Housing249.2
Food113.8
Transportation127.7
Healthcare111.1
Utilities138.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,379
per month
2 Bedroom
$2,747
per month
The overall cost of living index in Riverhead is 167.5, which is 67.5% above the national average. Housing costs are above the national average at an index of 249.2. A single adult needs to earn approximately $73,702 per year to cover basic expenses.