Can A Carpenter Afford Rent in Monticello, NY?
Comfortably affordable — rent takes 25.8% of gross income.
Monticello rent: August 2026. Salary: BLS OEWS May 2024 (New York state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These New York cities have lower median rent than Monticello, which improves the affordability math on a carpenter salary:
Compare with full rent data for Monticello
View full rent data for Monticello, NY →Frequently asked questions
Can a carpenter afford rent in Monticello, NY?
Median rent in Monticello is $1,492 a month. A typical carpenter in New York earns about $69,472 a year, which makes that rent 25.8% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Monticello?
Using the 30% rule, a carpenter salary in New York (~$69,472/yr) supports up to $1,737 a month in rent. Monticello's current median rent is $1,492/mo, which leaves a $245/mo buffer.
How many hours does a carpenter work to cover rent in Monticello?
At an hourly equivalent of about $33 an hour, a carpenter in New York works roughly 44.7 hours a month to cover Monticello's median rent of $1,492.
Where is rent cheaper than Monticello for a carpenter?
Nearby New York cities with lower median rent include Depew ($1,491/mo), Watertown ($1,490/mo), Schenectady ($1,487/mo). Each shifts the affordability math materially on a carpenter salary.