Cost of Living in Montauk, NY
Population 4,073 · New York · Data vintage 2023
(100 = US avg)
Home prices in Montauk run well above the national baseline, with a median of $1.2 million, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $129,375 place the city among the better-paid New York metros.
Geographically, Montauk is about 55 miles east of New Haven, the nearest large metro. Median home values run roughly 376% higher than New Haven's $249,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Montauk
The median home value in Montauk is $1,186,400 — 289% above the national median of $305,000. Median rent runs $2,061/month, 57% higher than the national median of $1,314/month. The median household income of $129,375/year is 73% higher than the US median of $74,580. The local unemployment rate is 5.3%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 59.6°F and lows of 46.5°F. Overall, Montauk has a cost of living index of 296 versus the US average of 100, meaning it is 196% more expensive.
Montauk has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 40 | 41 | 46 | 55 | 64 | 74 | 80 | 80 | 73 | 63 | 54 | 45 |
| Low °F | 28 | 28 | 33 | 41 | 50 | 60 | 66 | 66 | 60 | 51 | 42 | 34 |
| Precip" | 3.63 | 3.20 | 4.18 | 3.66 | 3.19 | 3.50 | 2.81 | 4.02 | 3.64 | 4.22 | 3.91 | 4.35 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Montauk, NY?
Montauk has a cost index of 296 (100 = national average). It is 196% above the national average.
What is average rent in Montauk, NY?
The median gross rent in Montauk is $2,061 per month based on 2023 Census data.
What is the average home price in Montauk?
The median home value in Montauk is $1,186,400 according to Zillow and Census data.
What is the median income in Montauk?
The median household income in Montauk is $129,375 per year (2023 ACS 5-year estimates).
What is the sales tax in Montauk, NY?
The combined state and local sales tax rate in Montauk is 8.5%. The New York state income tax top rate is 10.9%.
Is Montauk, NY affordable?
Montauk is above average in cost of living, with an index of 296 — about 196% higher than the national average.
What is the weather like in Montauk?
Montauk has average high temperatures of 59.6°F and average lows of 46.5°F. Annual precipitation is 44.3". Data from NOAA 1991–2020 Climate Normals.
Montauk at a Glance
- Population
- 4,073
- Median Income
- $129,375
- Home Value
- $1,186,400
- Median Rent
- $2,061/mo
- Unemployment
- 5.3%
- Avg High Temp
- 59.6°F
- Sales Tax
- 8.5%
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