Cost of Living in Solvay, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.6
100 = national avg
-3.4 vs national average
Living Wage (1 Adult)
$42,484
per year
Living Wage (Family of 4)
$100,416
per year
Cost Index by Category
Housing101.5
Food95.1
Transportation92.8
Healthcare96.0
Utilities97.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,123
per month
2 Bedroom
$1,392
per month
The overall cost of living index in Solvay is 96.6, which is 3.4% below the national average. Housing costs are above the national average at an index of 101.5. A single adult needs to earn approximately $42,484 per year to cover basic expenses.