Cost of Living in Washington Heights, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
161.0
100 = national avg
+61.0 vs national average
Living Wage (1 Adult)
$70,823
per year
Living Wage (Family of 4)
$167,399
per year
Cost Index by Category
Housing240.4
Food110.1
Transportation120.2
Healthcare108.1
Utilities134.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,549
per month
2 Bedroom
$1,979
per month
The overall cost of living index in Washington Heights is 161.0, which is 61.0% above the national average. Housing costs are above the national average at an index of 240.4. A single adult needs to earn approximately $70,823 per year to cover basic expenses.