Otsego County, NY at a glance
Median household income
$68,885$5,740 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Otsego County, NY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Otsego County, NY? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Otsego County, NY, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $847 | $10,164 | $33,880 | 14.8% |
| 1-Bedroom Apartment | $965 | $11,580 | $38,600 | 16.8% |
| 2-Bedroom ApartmentBenchmark | $1,228 | $14,736 | $49,120 | 21.4% |
| 3-Bedroom Home | $1,472 | $17,664 | $58,880 | 25.6% |
| 4-Bedroom Home | $1,626 | $19,512 | $65,040 | 28.3% |
What a typical income covers in Otsego County, NY
The 50/30/20 rule applied to the local median of $68,885 a year ($5,740 a month before tax).
What $68,885 leaves after New York taxes
Federal income tax, Social Security, Medicare and New York tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in New York
Living in Otsego County, NY: common questions
What is the median household income in Otsego County, NY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Otsego County, NY is $68,885 per year (approximately $5,740 per month).
What is the average rent in Otsego County, NY?
The closest official figure is HUD's Fair Market Rent for 2026: $847 for a studio, $965 for one bedroom, $1,228 for two, $1,472 for three and $1,626 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Otsego County, NY expensive to live in?
Prices there run 7.9% above the U.S. average. BEA's regional price parity for New York is 107.9, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Otsego County, NY?
To keep a $1,228 two-bedroom under 30% of gross income, a household needs about $49,120 a year, or $4,093 a month. That is 71% of what the typical household in Otsego County, NY earns.
How much do you need to live comfortably in Otsego County, NY?
On the local median income of $68,885 ($5,740 a month before tax), the 50/30/20 rule leaves $2,870 a month for needs like rent, utilities and groceries, $1,722 for everything else and $1,148 for savings or debt. A two-bedroom at $1,228 takes 43% of the needs share.
How much is the electric bill in Otsego County, NY?
Homes in New York paid 29.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $265. Your bill depends mostly on heating and cooling.