Albany, NY vs New York, NY
Cost of Living Comparison
Albany, NY is more affordable by 13.0 index points
Side-by-Side Comparison
| Category | Albany, NY | New York, NY | Difference |
|---|---|---|---|
| Overall | 99.6 | 112.6 | -13.0 |
| Housing | 102.6 | 148.6 | -46.0 |
| Goods | 99.7 | 110.3 | -10.6 |
| Utilities | 134.0 | 127.0 | +7.0 |
| Other Services | 97.8 | 105.8 | -8.1 |
Income & Housing Comparison
| Metric | Albany, NY | New York, NY |
|---|---|---|
| Median Household Income | $83,360 | $93,610 |
| Median Home Value | $254,100 | $553,500 |
| Median Monthly Rent | $1,181 | $1,711 |
| Per Capita Income | $44,919 | $52,011 |
Frequently Asked Questions
Is Albany, NY or New York, NY cheaper to live in?
Albany, NY is more affordable. The cost of living difference is 13.0 index points (Albany, NY: 99.6, New York, NY: 112.6).
Where is housing cheaper, Albany, NY or New York, NY?
Housing is more affordable in Albany, NY. Housing index: Albany, NY (102.6) vs New York, NY (148.6).