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Cost of Living in Monroe County, NY

Population 753,753 · Census ACS 2020–2024 5-year estimates

Median rent$1,173
Median home value$213,700
Median household income$76,382

The median rent in Monroe County, NY is $1,173/month, 28% lower than the New York median and 17% lower than the U.S. median. The median home value is $213,700, 36% lower than the national median. Households earn a median of $76,382 a year, 11% lower than the state median.

Affordability

Rent as a share of median income: 18.4%
Income needed for median rent (30% rule): $46,920/yr
Home price-to-income ratio: 2.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,081/mo

Run your own numbers: mortgage calculator · hourly to salary

Monroe County vs. New York vs. U.S.

Monroe CountyNew YorkU.S.
Median rent$1,173$1,621$1,413
Median home value$213,700$423,800$332,700
Median household income$76,382$85,974$80,734
Homeownership rate63.7%54.3%65.2%
Bachelor's degree or higher41.5%40.2%35.7%
Poverty rate13.6%14.0%12.5%
Unemployment rate4.9%6.4%5.2%
Work from home15.6%14.9%15.1%
Median age39.639.838.9

FAQ

What is the average rent in Monroe County, NY?

The median gross rent in Monroe County, NY is $1,173 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $46,920 a year in gross income.

Is Monroe County, NY expensive to live in?

Rent there is 17% lower than the U.S. median, and the median home costs about 2.8 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

Amelia County, VARent $1,164 · Income $76,717Cleveland County, OKRent $1,167 · Income $77,068Lexington County, SCRent $1,178 · Income $77,408Franklin County, MARent $1,177 · Income $74,907Colusa County, CARent $1,157 · Income $75,672Missoula County, MTRent $1,190 · Income $75,598

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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