Cost of Living in Silver Creek, NY

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

Cost of Living Overview

Overall Index

98.5

100 = national avg

-1.5 vs national average

Living Wage (1 Adult)

$43,335

per year

Living Wage (Family of 4)

$102,428

per year

Cost Index by Category

Housing
94.4
Food
100.6
Transportation
101.3
Healthcare
100.5
Utilities
99.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$754

per month

2 Bedroom

$975

per month

The overall cost of living index in Silver Creek is 98.5, which is 1.5% below the national average. Housing costs are below the national average at an index of 94.4. A single adult needs to earn approximately $43,335 per year to cover basic expenses.