Cost of Living in Wyoming County, New York

$782/mo
Median Monthly Rent
$154,700
Median Home Value

At a Glance

Median Monthly Rent
$782/mo
31% below state average
Median Home Value
$154,700
45% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Wyoming County Compares

Median monthly rent comparison

Wyoming County$782/mo
New York Average$1,133/mo
National Median$1,163/mo

Detailed Housing Stats

$782/mo
Median Gross Rent
$154,700
Median Home Value
$900/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Wyoming County ranks #719 of 3,144 counties for affordability (top 23%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Wyoming County, New York

Wyoming County's Rents Are Exceptionally Low

Wyoming County's 13.6% rent-to-income ratio ranks among America's most affordable markets, sitting nearly 4 percentage points below the national median and reflecting genuine housing accessibility. At just $782 monthly against a $68,913 median income, Wyoming residents enjoy the rarest combination: low wages paired with even lower housing costs.

Second Most Affordable in New York

Wyoming County ranks second only to Wayne County statewide with a 13.6% rent-to-income ratio well below New York's 17.6% average. At $782 per month, rent runs $351 cheaper than the state average, placing Wyoming among the state's clearest affordability leaders.

Cheapest Rent in the Southern Tier

Wyoming's $782 rent stands as the lowest surveyed, edging out Yates County ($802) and running roughly $150 cheaper than Wayne County's $929. Warren County to the north ($1,089) and Washington to the east ($1,000) both command substantially higher monthly payments.

Exceptionally Low Housing-to-Income Burden

At 13.6%, renters dedicate minimal income to rent, while owners face a modest $900 monthly, leaving substantial room in the budget for other necessities and savings. Wyoming delivers the lowest housing-cost burden among all surveyed counties by a significant margin.

Best Affordability for Budget-Conscious Movers

If maximum housing affordability is your priority, Wyoming County delivers unmatched value with the state's cheapest rent at $782 monthly and a 13.6% ratio beating all neighbors. With a median home value of just $154,700, Wyoming offers genuine economic breathing room for those relocating on modest means.

Cost of Living Advisory: Wyoming County

Affordability Verdict

Wyoming County offers affordable rental housing at a median of $782/month — about 13.6% of the typical household income here.

Rent vs. Own

At $782/month rent versus $900/month in owner costs, renting is roughly $118/month cheaper — a 13% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,280/year. For owner costs at the 28% rule, the required income is roughly $38,571/year. With a median household income of $68,913, most households can comfortably afford rent here. Notably, 25.0% of renter households in Wyoming County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Delaware County where rent averages $848/month, Wyoming County is approximately 8% less expensive.

Affordability Calculator

See how your income compares to housing costs in Wyoming County

$

Rent Burden

13.6%

of gross income

Max Housing (28% Rule)

$1,608

per month

Owner Cost Burden

15.7%

of gross income

You can likely afford the median home in Wyoming County

Median home value is $154,700. Estimated monthly cost: $1,235 vs. your max of $1,608.

Rent Affordability Guide

Your rent-to-income ratio13.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,913Needed: $31,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,913Needed: $38,571
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,913Needed: $36,003

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Wyoming County, New York?
Wyoming County, New York has a median monthly rent of $782/mo and a median home value of $154,700. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Wyoming County?
The median gross rent in Wyoming County is $782/mo. This is 31% below state average for New York.
Is Wyoming County affordable?
Wyoming County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wyoming County's rent compare to the state average?
Wyoming County's median rent of $782/mo is 31% below state average of $1,133/mo for New York.
What is the median home value in Wyoming County?
The median home value in Wyoming County, New York is $154,700. This is 45% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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