Cost of Living in Woodmere, NY

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

Cost of Living Overview

Overall Index

262.8

100 = national avg

+162.8 vs national average

Living Wage (1 Adult)

$115,621

per year

Living Wage (Family of 4)

$273,286

per year

Cost Index by Category

Housing
368.1
Food
183.7
Transportation
197.2
Healthcare
167.0
Utilities
200.0

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 Woodmere is 262.8, which is 162.8% above the national average. Housing costs are above the national average at an index of 368.1. A single adult needs to earn approximately $115,621 per year to cover basic expenses.