Cost of Living in Montrose, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

202.5

100 = national avg

+102.5 vs national average

Living Wage (1 Adult)

$89,105

per year

Living Wage (Family of 4)

$210,612

per year

Cost Index by Category

Housing
233.5
Food
159.7
Transportation
219.4
Healthcare
147.7
Utilities
162.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,655

per month

2 Bedroom

$2,910

per month

The overall cost of living index in Montrose is 202.5, which is 102.5% above the national average. Housing costs are above the national average at an index of 233.5. A single adult needs to earn approximately $89,105 per year to cover basic expenses.