Cost of Living in Monsey, NY
Population: 27,787 • 2026 Data
$49,095
Median Household Income
-37% vs national
$1,780
Median Monthly Rent
+32% vs national
$829,700
Median Home Value
+145% vs national
7.1%
Unemployment Rate
Housing in Monsey
The median home value in Monsey, NY is $829,700. Monthly rent for a typical unit averages $1,780, while total monthly housing costs (including utilities and insurance) average $2,017.
Rent-to-income ratio: 43.5%. This exceeds the recommended 30% threshold, indicating housing costs may be a burden for median-income households.
Income and Employment
The median household income in Monsey, NY is $49,095. The unemployment rate stands at 7.1%, with a labor force of 7,206 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.