Cost of Living in Montgomery County, NY

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

Median Income

$58,033

Median Rent

$867/mo

Median Home

$132,300

Affordability

482

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$669
Property Tax$291
Insurance$44

Total Monthly$1,004
% of Income20.8%

Renting

Median Rent$867
Renter's Insurance$25

Total Monthly$892
% of Income17.9%

Living in Montgomery County, New York

Montgomery County has a median household income of $58,033 with housing costs that represent 20.8% of income for owners and 17.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 482 (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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Other Counties in New York

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.