Cost of Living in Springs, NY

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

Cost of Living Overview

Overall Index

264.8

100 = national avg

+164.8 vs national average

Living Wage (1 Adult)

$116,532

per year

Living Wage (Family of 4)

$275,439

per year

Cost Index by Category

Housing
395.0
Food
162.6
Transportation
225.1
Healthcare
150.1
Utilities
196.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,379

per month

2 Bedroom

$2,747

per month

The overall cost of living index in Springs is 264.8, which is 164.8% above the national average. Housing costs are above the national average at an index of 395.0. A single adult needs to earn approximately $116,532 per year to cover basic expenses.