Cost of Living in Saranac Lake, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.3
100 = national avg
-0.7 vs national average
Living Wage (1 Adult)
$43,682
per year
Living Wage (Family of 4)
$103,248
per year
Cost Index by Category
Housing107.1
Food96.2
Transportation92.5
Healthcare97.0
Utilities99.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$903
per month
2 Bedroom
$1,185
per month
The overall cost of living index in Saranac Lake is 99.3, which is 0.7% below the national average. Housing costs are above the national average at an index of 107.1. A single adult needs to earn approximately $43,682 per year to cover basic expenses.