Cost of Living in Montrose, NY

Population 3,702 · New York · Data vintage 2023

143
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Montrose 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. Unemployment has stayed elevated relative to the national figure — 15.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Montrose sits roughly 20 miles north of Yonkers. Median home values run roughly 8% lower than Yonkers' $478,000.

Cost Overview

Housing 144
Rent 141

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Montrose

The median home value in Montrose is $439,900 — 44% above the national median of $305,000. Median rent runs $1,854/month, 41% higher than the national median of $1,314/month. The median household income of $143,496/year is 92% higher than the US median of $74,580. The local unemployment rate is 15.2%, 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 60.6°F and lows of 43.4°F. Overall, Montrose has a cost of living index of 143 versus the US average of 100, meaning it is 43% more expensive.

🏠 Housing

Median Home Value
$439,900
44% above avg
Zillow Home Value
$522,032
Zillow ZHVI
Median Rent
$1,854/mo
41% above avg
Zillow Rent
$3,259/mo
Zillow ZORI
Price-to-Rent Ratio
19.8x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 82.3%
Renter-occupied 17.7%

💰 Estimated Monthly Budget

Rent median rent
$1,854
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,468/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
36.3 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.3%

Commute Mode

Drove alone
61.8%
Carpooled
12.4%
Public transit
8.4%
Work from home
17.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$143,496
92% above avg
Per Capita Income
$44,928
Unemployment Rate
15.2%
216% above avg
Poverty Rate
6.4%
Labor Force Participation
80.3%

🎓 Education

Bachelor's degree+ 28.0%
Graduate degree 22.6%

👥 Demographics

Median Age 33
Male median age 37.9
Female median age 27.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.6°F
Avg Low
43.4°F
Annual Precip
47.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374048596978838174635242
Low °F 222431405059656457463628
Precip" 3.202.534.114.203.944.254.074.364.944.333.644.18

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
78.6%
Good air days/yr
198
Max AQI recorded
144
PM2.5 days
221
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
10.1:1
Student-teacher ratio
5
Public schools
2,277
Total enrollment

Frequently Asked Questions

What is the cost of living in Montrose, NY?

Montrose has a cost index of 143 (100 = national average). It is 43% above the national average.

What is average rent in Montrose, NY?

The median gross rent in Montrose is $1,854 per month based on 2023 Census data.

What is the average home price in Montrose?

The median home value in Montrose is $439,900 according to Zillow and Census data.

What is the median income in Montrose?

The median household income in Montrose is $143,496 per year (2023 ACS 5-year estimates).

What is the sales tax in Montrose, NY?

The combined state and local sales tax rate in Montrose is 8.5%. The New York state income tax top rate is 10.9%.

Is Montrose, NY affordable?

Montrose is above average in cost of living, with an index of 143 — about 43% higher than the national average.

What is the weather like in Montrose?

Montrose has average high temperatures of 60.6°F and average lows of 43.4°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.

Montrose at a Glance

Population
3,702
Median Income
$143,496
Home Value
$439,900
Median Rent
$1,854/mo
Unemployment
15.2%
Avg High Temp
60.6°F
Sales Tax
8.5%
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