Skip to main content
LiveWhere us
Amsterdam, NY

Cost of living in Montgomery County, NY

Estimated monthly cost
$3,001/mo
for a single person, all categories combined

Population 49,461 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $864 29%
Federal tax $498 17%
Healthcare $480 16%
Groceries $404 13%
Transport $320 11%
Energy $208 7%
State tax $172 6%
Water $55 2%

Rent in Montgomery County

Fair Market Rents by bedroom count.

Studio
$765
per month
1 bedroom
$864
per month
2 bedroom
$1,026
per month
3 bedroom
$1,306
per month
4 bedroom
$1,368
per month

Source: HUD FMR FY2025

Income and earnings in Montgomery County

Annual earnings figures from the Census ACS.

Household income
$62,923
per year
Individual earnings
$40,480
per year
Per capita
$31,975
per year

Source: ACS 2019-2023 5-Year.

Home values in Montgomery County

Average values reported by homeowners.

Average home value
$141,600
Annual property tax
$3,630

Source: ACS 2019-2023 5-Year

Energy costs in Montgomery County

Estimated monthly electricity and gas costs.

Electricity
$140
per month · 23.4¢/kWh
Natural gas
$68
per month
Annual total
$2,496
per year

Source: EIA

Healthcare in Montgomery County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
6.5%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Montgomery County

State and local tax rates for New York.

State income tax
10.9%
Top marginal rate
State sales tax
4.0%
Combined sales tax
8.5%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Montgomery County

Commute patterns and estimated costs.

Average commute
24.1 min
Drive alone
76.7%
Public transit
0.2%
Work from home
7.9%

Source: ACS

Monthly cost estimates for Montgomery County

What it costs to live in Montgomery County each month.

Single person
$3,001
per month
  • Rent $864
  • Energy $208
  • Water $55
  • Groceries $404
  • Transport $320
  • Healthcare $480
  • Federal tax $498
  • State tax $172
Couple
$4,269
per month
  • Rent $1,026
  • Energy $250
  • Water $65
  • Groceries $669
  • Transport $420
  • Healthcare $864
  • Federal tax $700
  • State tax $275
Family
$6,754
per month
  • Rent $1,306
  • Energy $312
  • Water $75
  • Groceries $1,016
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $700
  • State tax $275

Frequently asked questions about Montgomery County

Common questions about cost of living, rent and salary.

What is the average rent in Montgomery County?

In Montgomery County, NY, a one-bedroom apartment averages $864 per month, a two-bedroom averages $1,026 per month, a three-bedroom averages $1,306 per month, according to HUD Fair Market Rent data.

What is the average salary in Montgomery County?

In Montgomery County, NY, the average household income is $62,923 per year and individual earnings for full-time workers average $40,480 per year, according to U.S. Census Bureau data.

What is the cost of living in Montgomery County?

The estimated cost of living in Montgomery County, NY is approximately $3,001 per month for a single person, $4,269 for a couple, $6,754 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Montgomery County?

The combined sales tax rate in Montgomery County, NY is 8.52%, which includes the New York state rate of 4.00% plus an average local rate of 4.52%.

Is Montgomery County an affordable place to live?

Based on the data, a single person in Montgomery County, NY would need approximately $3,001 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $62,923 per year ($5,244 per month). Montgomery County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Montgomery County?

The ACA marketplace benchmark premium in Montgomery County, NY is approximately $480 per month for an individual. Approximately 6.5% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Montgomery County?

The average home value in Montgomery County, NY is $141,600, with average annual property taxes of $3,630, according to U.S. Census Bureau data.

How does Montgomery County compare to other areas?

You can compare Montgomery County, NY with any other US county using our comparison tool at /compare. Montgomery County is in the Amsterdam, NY metro area.

Other counties in New York

Browse the full list of counties in New York, ranked by cost of living.

See all counties in New York

Compare Montgomery County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources