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Monsey, NY Cost Of Living

The latest cost of living statistics for Monsey. Includes statistics on rent, mortgages, healthcare, and other costs for Monsey compared to the state and national averages.

Chris Kolmar
Written by
HomeSnacks
Last updated
2026-06-20

Cost of living in Monsey, New York

Cost of living in Monsey research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Monsey is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

167 Cost of living index 1.7x higher vs US
#289 Cheapest in New York (of 336)
#6,012 Cheapest in the U.S. (of 6,489)
$1,219,890 Median home value
$1,892 Median rent
$47,629 Median income
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What is the cost of living in Monsey, NY?

According to the most recent data on the cost of living, Monsey has an overall cost of living index of 167, which is 1.7x higher than the national index of 100.

Compared to New York, Monsey has a cost of living index that's 1.4x higher than New York's index of 121.

The standard of living in Monsey ranks as #289 most affordable out of the 336 places we measured in New York. By definition, that implies Monsey ranks as the #47 most expensive place in the Empire State.

For more reading on life in Monsey, check out:

Monsey Cost Of Living Vs. New York

Six factors go into calculating the cost of living index in Monsey. Here is how it fares on each of the criteria:

  • The Services index in Monsey is 110.

  • The Groceries index in Monsey is 111.

  • The Health index in Monsey is 307.

  • The Housing index in Monsey is 111.

  • The Transportation index in Monsey is 112.

  • The Utilities index in Monsey is 109.

Living Expense Monsey New York National Average
Overall 167 121 100
Services 110 105 100
Groceries 111 108 100
Health 307 143 100
Housing 111 112 100
Transportation 112 114 100
Utilities 109 111 100

Monsey Cost Of Living Compared To New York Averages

Services
Monsey 110
New York avg 105
Groceries
Monsey 111
New York avg 108
Health
Monsey 307
New York avg 143
Housing
Monsey 111
New York avg 112
Transportation
Monsey 112
New York avg 114
Utilities
Monsey 109
New York avg 111

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New York, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Monsey, NY Housing Cost Breakdown

$1,219,890Median Home Value
$1,892Median Rent
$47,629Median Income

Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Monsey is $1,219,890.

  • The Median Rent in Monsey is $1,892.

  • The Median Income in Monsey is $47,629.

  • The Home Value To Income in Monsey is 25.6x.

  • The Rent To Monthly Income in Monsey is 0.48x.

Statistic Monsey New York United States
Median Home Value $1,219,890 $507,794 $332,700
Median Rent $1,892 $1,621 $1,413
Median Income $47,629 $85,974 $80,734
Home Value To Income 25.6x 5.9x 4.1x
Rent To Monthly Income 0.48x 0.23x 0.21x

Monsey, NY Costs By Category

Detailed Monsey Services costs vs. New York
Item Monsey New York
Shampoo $1.48 $1.28
Movie $15.78 $12.13
Bowling $21.0 $18
Haircut $25.62 $24.26
Beauty Salon $41.67 $45.56
Detailed Monsey Groceries costs vs. New York
Item Monsey New York
Ground Beef $5.65 $5.84
Fried Chicken $1.39 $1.57
Milk $4.71 $4.67
Potatoes $5.37 $4.93
Pizza $11.49 $12.09
Beer $11.33 $10.41
Toothpaste $3.72 $3.7
Detailed Monsey Health costs vs. New York
Item Monsey New York
Optometrist $157.11 $125.68
Doctor $115.59 $135.78
Dentist $124.27 $113.29
Detailed Monsey Transportation costs vs. New York
Item Monsey New York
Gasoline $3.41 $3.46
Tire Balancing $82.67 $59.92
Detailed Monsey Utilities costs vs. New York
Item Monsey New York
All Electricity $236.04 $193.99
Phone $186.61 $192.25

Monsey SnackAbility

5Overall SnackAbility
Jobs 5/10
Housing 9.5/10
Affordability 1/10
Diversity 3/10
SafetyN/A
Amenities 9.5/10
Education 4/10
Commute 8.5/10

Cost Of Living In Cities Around Monsey

The cost of living varies in the cities and towns around Monsey. Here's a quick look at the cost of living in the most populous nearby places:

  • Spring Valley, NY has a cost of living index of 127, 0.8x Monsey.

  • Eastchester, NY has a cost of living index of 168, 1.0x Monsey.

  • Scarsdale, NY has a cost of living index of 280, 1.7x Monsey.

City Population Cost Of Living Vs. Monsey
Spring Valley, NY 33,192 127 0.8x
Eastchester, NY 20,491 168 1.0x
Scarsdale, NY 18,010 280 1.7x
Dobbs Ferry, NY 11,443 173 1.0x
Chestnut Ridge, NY 10,557 153 0.9x
Airmont, NY 10,205 158 0.9x
New Square, NY 9,803 154 0.9x
Hillcrest, NY 9,071 141 0.8x
Viola, NY 8,461 181 1.1x
Briarcliff Manor, NY 7,519 178 1.1x
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