salaryRent is lower than in 85% of U.S. cities. A typical house costs about 3.9 years of household income. Commutes are short, about 15.8 minutes. Most households rent (66%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $42,120 a year. That is $20 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 20 of 343 cities from cheapest to most expensive.
How much do households earn in Potsdam?
Share of households by yearly income. 12.0% of households earn $100,000 or more.
Rent by apartment size in Potsdam
| Size | Potsdam | U.S. average |
|---|---|---|
| Studio | $783 | $1,338 |
| 1 bedroom | $822 | $1,324 |
| 2 bedrooms | $1,165 | $1,509 |
| 3 bedrooms | $1,160 | $1,698 |
| 4 bedrooms | $1,423 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Potsdam 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 Potsdam, so the New York figure is shown.
Taxes and bills in Potsdam
Life in Potsdam
Is it cheaper to rent or buy in Potsdam?
About the same. Renting and owning cost within $37 of each other each month.
Owning assumes a typical $146,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,640 for the down payment.
Frequently asked questions
What is the average rent in Potsdam, NY?
Renting in Potsdam costs a median of about $1,053 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Potsdam?
To keep rent under 30% of income, you need about $42,120 a year, or $20 an hour at a full-time job.
Is Potsdam cheap or expensive?
Potsdam is rated Expensive: rent takes 33.9% of the typical household income of $37,258. It ranks 20th cheapest of 343 New York cities we track.
How much are property taxes in Potsdam?
The median homeowner in Potsdam pays $4,986 a year in property taxes, about 3.41% of the median home value.
Is Potsdam 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 Potsdam?
The median home value in Potsdam is $146,400, about 3.9 times the typical yearly household income.
8,427 people live in Potsdam. Numbers are typical (middle) values.