Cost of Living Comparison Between New York, NY and Albany, NY 
| Indices Difference |  |
|---|---|
| Cost of Living in Albany, NY is 26.8% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Albany, NY is 43.1% lower than in New York, NY | |
| Rent Prices in Albany, NY are 60.6% lower than in New York, NY | |
| Restaurant Prices in Albany, NY are 34.7% lower than in New York, NY | |
| Groceries Prices in Albany, NY are 18.0% lower than in New York, NY | |
| Local Purchasing Power in Albany, NY is 32.4% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Albany, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 30.00 $ | 20.00 $ | -33.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 130.00 $ | 70.00 $ | -46.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.00 $ | 10.80 $ | -10.0 % |
| Domestic Beer (1 pint draught) | 8.00 $ | 5.00 $ | -37.5 % |
| Imported Beer (12 oz small bottle) | 10.00 $ | 6.00 $ | -40.0 % |
| Cappuccino (regular) | 5.66 $ | 5.43 $ | -4.2 % |
| Coke/Pepsi (12 oz small bottle) | 3.07 $ | 2.56 $ | -16.6 % |
| Water (12 oz small bottle) | 2.28 $ | 1.93 $ | -15.4 % |
Markets | New York, NY Edit |
Albany, NY Edit | |
| Milk (regular), (1 gallon) | 5.64 $ | 4.06 $ | -28.1 % |
| Loaf of Fresh White Bread (1 lb) | 4.35 $ | 4.35 $ | -0.1 % |
| Rice (white), (1 lb) | 3.33 $ | 2.40 $ | -27.8 % |
| Eggs (regular) (12) | 5.25 $ | 5.12 $ | -2.4 % |
| Local Cheese (1 lb) | 7.46 $ | 6.94 $ | -7.0 % |
| Chicken Fillets (1 lb) | 6.81 $ | 5.57 $ | -18.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 8.69 $ | 6.75 $ | -22.3 % |
| Apples (1 lb) | 3.14 $ | 2.16 $ | -31.2 % |
| Banana (1 lb) | 0.96 $ | 0.63 $ | -34.4 % |
| Oranges (1 lb) | 2.59 $ | 2.35 $ | -9.2 % |
| Tomato (1 lb) | 2.93 $ | 2.12 $ | -27.4 % |
| Potato (1 lb) | 1.81 $ | 1.39 $ | -23.1 % |
| Onion (1 lb) | 1.69 $ | 1.76 $ | +4.2 % |
| Lettuce (1 head) | 2.95 $ | 3.62 $ | +22.6 % |
| Water (1.5 liter bottle) | 2.47 $ | 1.91 $ | -22.7 % |
| Bottle of Wine (Mid-Range) | 20.00 $ | 10.75 $ | -46.2 % |
| Domestic Beer (0.5 liter bottle) | 2.57 $ | 1.99 $ | -22.7 % |
| Imported Beer (12 oz small bottle) | 3.81 $ | 2.81 $ | -26.2 % |
| Cigarettes 20 Pack (Marlboro) | 17.00 $ | 14.00 $ | -17.6 % |
Transportation | New York, NY Edit |
Albany, NY Edit | |
| One-way Ticket (Local Transport) | 2.90 $ | 1.50 $ | -48.3 % |
| Monthly Pass (Regular Price) | 132.00 $ | 65.00 $ | -50.8 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 5.00 $ | 0.0 % |
| Taxi 1 mile (Normal Tariff) | 3.50 $ | 2.24 $ | -35.9 % |
| Taxi 1hour Waiting (Normal Tariff) | 34.00 $ | 27.50 $ | -19.1 % |
| Gasoline (1 gallon) | 3.86 $ | 3.68 $ | -4.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 31,500.00 $ | 30,000.00 $ | -4.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,469.93 $ | 27,642.24 $ | +0.6 % |
Utilities (Monthly) | New York, NY Edit |
Albany, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 176.78 $ | 183.68 $ | +3.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 66.45 $ | 48.47 $ | -27.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 70.88 $ | 61.61 $ | -13.1 % |
Sports And Leisure | New York, NY Edit |
Albany, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 140.00 $ | 67.00 $ | -52.1 % |
| Tennis Court Rent (1 Hour on Weekend) | 77.86 $ | 22.00 $ | -71.7 % |
| Cinema, International Release, 1 Seat | 20.00 $ | 15.00 $ | -25.0 % |
Childcare | New York, NY Edit |
Albany, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 3,096.67 $ | 1,400.00 $ | -54.8 % |
| International Primary School, Yearly for 1 Child | 57,600.00 $ | 28,000.00 $ | -51.4 % |
Clothing And Shoes | New York, NY Edit |
Albany, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 71.83 $ | 44.67 $ | -37.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 48.24 $ | 46.37 $ | -3.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 98.90 $ | 87.25 $ | -11.8 % |
| 1 Pair of Men Leather Business Shoes | 165.41 $ | 109.00 $ | -34.1 % |
Rent Per Month | New York, NY Edit |
Albany, NY Edit | |
| Apartment (1 bedroom) in City Centre | 4,328.21 $ | 1,407.50 $ | -67.5 % |
| Apartment (1 bedroom) Outside of Centre | 2,861.97 $ | 1,391.25 $ | -51.4 % |
| Apartment (3 bedrooms) in City Centre | 8,565.00 $ | 2,733.33 $ | -68.1 % |
| Apartment (3 bedrooms) Outside of Centre | 4,551.11 $ | 2,466.67 $ | -45.8 % |
Buy Apartment Price | New York, NY Edit |
Albany, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 1,641.14 $ | 360.09 $ | -78.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,142.75 $ | 298.15 $ | -73.9 % |
Salaries And Financing | New York, NY Edit |
Albany, NY Edit | |
| Average Monthly Net Salary (After Tax) | 5,882.70 $ | 4,434.28 $ | -24.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.72 | 6.48 | -3.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 503 | 29 |
Moving to New York, NY? Explore:
Moving to Albany, NY? Explore:
Cities near New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |
Cities near Albany, NY: | Cost of Living in New Paltz, New York | 71.54 miles |
| Cost of Living in Westfield, Massachusetts | 76.15 miles |
| Cost of Living in Springfield, Massachusetts | 86.16 miles |
| Cost of Living in Northampton, Massachusetts | 93.98 miles |
| Cost of Living in Utica, New York | 94.06 miles |
| Cost of Living in Hartford, Connecticut | 112.26 miles |
| Cost of Living in New Haven, Connecticut | 128.02 miles |
| Cost of Living in Bergen County, New Jersey | 130.12 miles |
| Cost of Living in Paterson, New Jersey | 132.66 miles |
| Cost of Living in Wallingford, Connecticut | 136.15 miles |