Zip 12549 (Montgomery, NY) Cost of Living


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How much do I need to live in Montgomery, New York?
$6,780 / month
for a family, 25.6% more expensive than the national average A total of $81,360 for the year for a family.
$4,467 / month
for a single person, 6.3% less expensive than the national average A total of $53,600 for the year for a single person.

Montgomery cost of living score
122.5
More expensive
22.5% higher
than the US average
0.8% higher
than the New York average
Montgomery (zip 12549), New York gets a BestPlaces Cost of Living score of 122.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.5% higher than the U.S. average and 0.8% lower than the average for New York.

Zip 12549 (Montgomery, NY)

Housing costs in Montgomery?
A typical home costs $424,400, which is 25.5% more expensive than the national average of $338,100 and 2.6% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Montgomery costs $1,720 per month, which is 20.3% more than the national average of $1,430 and 14.0% cheaper than the state average of $1,960.

Can I afford Montgomery?
To live comfortably in Montgomery (zip 12549), New York, a minimum annual income of $81,360 for a family, and $53,600 for a single person is recommended.

What does A.I. say about Montgomery?
The cost of living in 12549 Montgomery, NY is relatively affordable when compared to other areas in New York. The median home value is $260,000 and the median rent is around $1,250 per month. Taxes remain relatively low and there is no state income tax for residents of the area. Groceries are reasonable and accessible with a number of chain stores throughout the area. Additionally, transportation costs are also quite low due to the abundance of public transit options as well as access to roads connecting 12549 Montgomery to other areas in New York. Overall, living in 12549 Montgomery can be a great choice for those looking for an affordable and convenient place to call home!
   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
  103.9  Unlock100.0
    Unlock120.7100.0
  118.0  Unlock100.0
    Unlock$413,600$338,100
  122.3  Unlock100.0
    Unlock140.7100.0
  133.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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