Cost of Living in Sharon Springs, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

97.5

100 = national avg

-2.5 vs national average

Living Wage (1 Adult)

$42,889

per year

Living Wage (Family of 4)

$101,374

per year

Cost Index by Category

Housing
107.0
Food
88.9
Transportation
109.8
Healthcare
91.1
Utilities
94.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,417

per month

2 Bedroom

$1,702

per month

The overall cost of living index in Sharon Springs is 97.5, which is 2.5% below the national average. Housing costs are above the national average at an index of 107.0. A single adult needs to earn approximately $42,889 per year to cover basic expenses.