salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 13.2 minutes.
How much money do I need?
To rent here comfortably, you should earn about $36,280 a year. That is $17 an hour at a full-time job.
Is rent cheaper than other New York cities?
Yes. Rent here is cheaper than in most of New York. It is number 7 of 343 cities from cheapest to most expensive.
How much do households earn in Malone?
Share of households by yearly income. 10.9% of households earn $100,000 or more.
Rent by apartment size in Malone
| Size | Malone | U.S. average |
|---|---|---|
| 1 bedroom | $823 | $1,324 |
| 2 bedrooms | $914 | $1,509 |
| 3 bedrooms | $960 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Malone overall?
Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Malone, so the New York figure is shown.
Taxes and bills in Malone
Life in Malone
Is it cheaper to rent or buy in Malone?
Buying is cheaper month to month: about $160 a month less than renting.
Owning assumes a typical $107,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $10,760 for the down payment.
Frequently asked questions
What is the average rent in Malone, NY?
Renting in Malone costs a median of about $907 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Malone?
To keep rent under 30% of income, you need about $36,280 a year, or $17 an hour at a full-time job.
Is Malone cheap or expensive?
Malone is rated Cheap: rent takes 16.7% of the typical household income of $65,301. It ranks 7th cheapest of 343 New York cities we track.
How much are property taxes in Malone?
The median homeowner in Malone pays $2,564 a year in property taxes, about 2.38% of the median home value.
Is Malone more expensive than the national average?
Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Malone?
The median home value in Malone is $107,600, about 1.6 times the typical yearly household income.
5,429 people live in Malone. Numbers are typical (middle) values.