Cost of Living in Allegany County, NY

What does it cost to live in Allegany County? Income, housing, and affordability breakdown.

Median Income

$58,725

Median Rent

$735/mo

Median Home

$93,200

Affordability

664

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$471
Property Tax$235
Insurance$31

Total Monthly$737
% of Income15.1%

Renting

Median Rent$735
Renter's Insurance$25

Total Monthly$760
% of Income15%

Living in Allegany County, New York

Allegany County has a median household income of $58,725 with housing costs that represent 15.1% of income for owners and 15% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 664 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Family and education

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.