Cost of Living in Montgomery, NY
Population 3,800 · New York · Data vintage 2023
(100 = US avg)
Montgomery sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 1.0% — below most comparable cities in the state.
Montgomery is about 40 miles north of Paterson, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Paterson's $335,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Montgomery
The median home value in Montgomery is $345,700 — 13% above the national median of $305,000. Median rent runs $1,473/month, 12% higher than the national median of $1,314/month. The median household income of $88,348/year is 18% higher than the US median of $74,580. The local unemployment rate is 1.0%, below 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 60.0°F and lows of 38.8°F. Overall, Montgomery has a cost of living index of 113 versus the US average of 100, meaning it is 13% more expensive.
Montgomery 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 | 35 | 38 | 47 | 60 | 71 | 79 | 84 | 82 | 74 | 62 | 50 | 39 |
| Low °F | 17 | 18 | 27 | 36 | 47 | 56 | 61 | 59 | 51 | 40 | 31 | 23 |
| Precip" | 2.44 | 2.44 | 3.25 | 3.50 | 3.35 | 4.33 | 3.30 | 4.40 | 3.89 | 3.68 | 3.04 | 3.37 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Montgomery, NY?
Montgomery has a cost index of 113 (100 = national average). It is 13% above the national average.
What is average rent in Montgomery, NY?
The median gross rent in Montgomery is $1,473 per month based on 2023 Census data.
What is the average home price in Montgomery?
The median home value in Montgomery is $345,700 according to Zillow and Census data.
What is the median income in Montgomery?
The median household income in Montgomery is $88,348 per year (2023 ACS 5-year estimates).
What is the sales tax in Montgomery, NY?
The combined state and local sales tax rate in Montgomery is 8.5%. The New York state income tax top rate is 10.9%.
Is Montgomery, NY affordable?
Montgomery is above average in cost of living, with an index of 113 — about 13% higher than the national average.
What is the weather like in Montgomery?
Montgomery has average high temperatures of 60.0°F and average lows of 38.8°F. Annual precipitation is 41". Data from NOAA 1991–2020 Climate Normals.
Montgomery at a Glance
- Population
- 3,800
- Median Income
- $88,348
- Home Value
- $345,700
- Median Rent
- $1,473/mo
- Unemployment
- 1.0%
- Avg High Temp
- 60.0°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
Similar Cost Cities
Cities in other states with comparable housing costs