Montgomery County, NY Cost of Living


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United States / New York / / Montgomery County / Cities / Zip Codes
How much do I need to live in Montgomery, New York?
$2,520 / month
for a family, 53.3% less expensive than the national average A total of $30,240 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Montgomery cost of living score
80.1
Less expensive
19.9% lower
than the US average
34.1% lower
than the New York average
Montgomery New Y County, New York gets a BestPlaces Cost of Living score of 80.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.9% lower than the U.S. average and 34.1% lower than the average for New York.

Montgomery County, NY

Housing costs in Montgomery?
A typical home costs $158,500, which is 53.1% less expensive than the national average of $338,100 and 61.7% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Montgomery costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 120.2% cheaper than the state average of $1,960.

Can I afford Montgomery?
To live comfortably in Montgomery New Y County, New York, a minimum annual income of $30,240 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Montgomery?
The cost of living in Montgomery, NY County is significantly lower than the US average. According to data from the Council for Community and Economic Research, the cost of living in Montgomery County is 80.1, while the US average Cost of Living is 100. This means that residents of Montgomery can enjoy a comfortable lifestyle while spending significantly less than those living in other areas of the United States. In addition, due to the lower cost of living, house median values in Montgomery are much more affordable at $158 500 compared to the US average of $338 100.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMontgomeryNew YorkUnited States
    Unlock121.5100.0
  98.1  Unlock100.0
    Unlock120.7100.0
  43.5  Unlock100.0
    Unlock$413,600$338,100
  109.5  Unlock100.0
    Unlock140.7100.0
  106.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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