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Cost of Living in Chenango County, NY

Population 46,321 · Census ACS 2020–2024 5-year estimates

Median rent$875
Median home value$137,900
Median household income$62,948

The median rent in Chenango County, NY is $875/month, 46% lower than the New York median and 38% lower than the U.S. median. The median home value is $137,900, 59% lower than the national median. Households earn a median of $62,948 a year, 27% lower than the state median.

Affordability

Rent as a share of median income: 16.7%
Income needed for median rent (30% rule): $35,000/yr
Home price-to-income ratio: 2.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $697/mo

Run your own numbers: mortgage calculator · hourly to salary

Chenango County vs. New York vs. U.S.

Chenango CountyNew YorkU.S.
Median rent$875$1,621$1,413
Median home value$137,900$423,800$332,700
Median household income$62,948$85,974$80,734
Homeownership rate75.4%54.3%65.2%
Bachelor's degree or higher19.6%40.2%35.7%
Poverty rate11.8%14.0%12.5%
Unemployment rate6.4%6.4%5.2%
Work from home9.1%14.9%15.1%
Median age45.039.838.9

FAQ

What is the average rent in Chenango County, NY?

The median gross rent in Chenango County, NY is $875 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Chenango County, NY?

Using the common 30% rule, renting a median-priced home takes about $35,000 a year in gross income.

Is Chenango County, NY expensive to live in?

Rent there is 38% lower than the U.S. median, and the median home costs about 2.2 times the median household income.

Other counties in New York

Kings County, NYRent $1,833 · Income $80,263Queens County, NYRent $1,956 · Income $86,136New York County, NYRent $2,197 · Income $103,931Suffolk County, NYRent $2,255 · Income $130,686Bronx County, NYRent $1,458 · Income $48,676Nassau County, NYRent $2,252 · Income $146,202

Counties with a similar cost of living

Scott County, MORent $873 · Income $62,782Clark County, OHRent $872 · Income $63,132Madison County, NERent $881 · Income $63,128Jefferson County, ILRent $885 · Income $63,118Bradford County, FLRent $863 · Income $63,050Gooding County, IDRent $880 · Income $63,559

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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