Cost of Living in Theresa, NY

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

Cost of Living Overview

Overall Index

92.8

100 = national avg

-7.2 vs national average

Living Wage (1 Adult)

$40,834

per year

Living Wage (Family of 4)

$96,516

per year

Cost Index by Category

Housing
94.7
Food
94.1
Transportation
88.3
Healthcare
95.3
Utilities
95.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,071

per month

2 Bedroom

$1,405

per month

The overall cost of living index in Theresa is 92.8, which is 7.2% below the national average. Housing costs are below the national average at an index of 94.7. A single adult needs to earn approximately $40,834 per year to cover basic expenses.