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2022 Calculations
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Category20212022% change from 2020Source
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Rent (one bedroom)$1,048.00$1,127.007.54%HUD: Final FY 2022 FMR Documentation System
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Food (Avg of male and female USDA low cost plan)$237.25$256.157.97%Low-cost Official USDA Food Plan: Avg of male and female ages 19-50
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Transportation (Proportional combination of drive alone, carpool, public transit and biking)$222.58$272.1122.25%Ithaca-Tompkins County Transportation Council, Consumer Expenditures Survey, BLS, inflation, TCAT (see detailed breakdown here)
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Communication (Internet and cell phone)$91.00$91.000.00%Phone: Verizon 5G Start Plan
Internet: Average of Verizon 300/300 plan and Spectrum + Installation costs and fees
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Healthcare (health insurance and out of pocket costs)$225.86$219.58-2.78%New York State of Health (BCBS Silver plan); BLS Consumer Expenditures Survey, Table 1101, 2020
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Recreation (Increased by inflation)$120.32$128.987.20%BLS, inflation, NE Region
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Savings (Increased by inflation)$71.29$76.427.20%BLS, inflation, NE Region
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Miscellaneous (Housekeeping supplies, apparel and services, and personal care and services)$159.00$170.317.11%BLS Consumer Expenditures Survey, Table 1101, 2020
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Taxes:$480.92$536.6711.59%Smart Asset Tax Calculator
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Monthly LW:$2,656.22$2,878.228.36%
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Hourly LW (2080 hrs/yr):$15.32$16.61
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