Cost of Living in Monticello, NY
Population 7,252 · New York · Data vintage 2023
(100 = US avg)
At $47,464, median household incomes in Monticello land roughly 36% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 30% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Monticello is about 60 miles northwest of Paterson, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 55% lower than Paterson's $335,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Monticello
The median home value in Monticello is $152,600 — 50% below the national median of $305,000. Median rent runs $977/month, 26% lower than the national median of $1,314/month. The median household income of $47,464/year is 36% lower than the US median of $74,580. The local unemployment rate is 8.3%, 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 60.0°F and lows of 38.8°F. Overall, Monticello has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.
Monticello 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 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Monticello, NY?
Monticello has a cost index of 60 (100 = national average). It is 40% below the national average.
What is average rent in Monticello, NY?
The median gross rent in Monticello is $977 per month based on 2023 Census data.
What is the average home price in Monticello?
The median home value in Monticello is $152,600 according to Zillow and Census data.
What is the median income in Monticello?
The median household income in Monticello is $47,464 per year (2023 ACS 5-year estimates).
What is the sales tax in Monticello, NY?
The combined state and local sales tax rate in Monticello is 8.5%. The New York state income tax top rate is 10.9%.
Is Monticello, NY affordable?
Yes, Monticello is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.
What is the weather like in Monticello?
Monticello 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.
Monticello at a Glance
- Population
- 7,252
- Median Income
- $47,464
- Home Value
- $152,600
- Median Rent
- $977/mo
- Unemployment
- 8.3%
- Avg High Temp
- 60.0°F
- Sales Tax
- 8.5%
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Explore county-level cost of living data
New York Rankings
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