Cost of Living in Putnam County, NY

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

Median Income

$120,970

Median Rent

$1,691/mo

Median Home

$421,800

Affordability

324

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$2,133
Property Tax$833
Insurance$141

Total Monthly$3,107
% of Income30.8%

Renting

Median Rent$1,691
Renter's Insurance$25

Total Monthly$1,716
% of Income16.8%

Living in Putnam County, New York

Putnam County has a median household income of $120,970 with housing costs that represent 30.8% of income for owners and 16.8% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 324 (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.