Cost of Living Comparison Between Albany, NY and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 34.4% higher than in Albany, NY (without rent) | |
| Consumer Prices Including Rent in New York, NY are 71.2% higher than in Albany, NY | |
| Rent Prices in New York, NY are 145.1% higher than in Albany, NY | |
| Restaurant Prices in New York, NY are 51.6% higher than in Albany, NY | |
| Groceries Prices in New York, NY are 22.0% higher than in Albany, NY | |
| Local Purchasing Power in New York, NY is 23.9% lower than in Albany, NY | |
Restaurants | Albany, NY Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | 30.00 $ | +50.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 72.50 $ | 130.00 $ | +79.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 11.90 $ | 12.00 $ | +0.8 % |
| Domestic Beer (1 pint draught) | 5.00 $ | 8.00 $ | +60.0 % |
| Imported Beer (12 oz small bottle) | 6.00 $ | 11.00 $ | +83.3 % |
| Cappuccino (regular) | 5.00 $ | 5.55 $ | +10.9 % |
| Coke/Pepsi (12 oz small bottle) | 2.64 $ | 3.04 $ | +15.1 % |
| Water (12 oz small bottle) | 1.97 $ | 2.29 $ | +15.9 % |
Markets | Albany, NY Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) | 4.06 $ | 5.76 $ | +42.1 % |
| Loaf of Fresh White Bread (1 lb) | 4.35 $ | 4.29 $ | -1.4 % |
| Rice (white), (1 lb) | 2.40 $ | 3.22 $ | +34.2 % |
| Eggs (regular) (12) | 5.12 $ | 5.40 $ | +5.3 % |
| Local Cheese (1 lb) | 6.94 $ | 7.57 $ | +9.1 % |
| Chicken Fillets (1 lb) | 5.57 $ | 6.97 $ | +25.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.75 $ | 8.64 $ | +28.0 % |
| Apples (1 lb) | 2.16 $ | 3.06 $ | +41.8 % |
| Banana (1 lb) | 0.63 $ | 0.92 $ | +46.6 % |
| Oranges (1 lb) | 2.35 $ | 2.66 $ | +12.8 % |
| Tomato (1 lb) | 2.12 $ | 2.81 $ | +32.5 % |
| Potato (1 lb) | 1.39 $ | 1.81 $ | +30.7 % |
| Onion (1 lb) | 1.76 $ | 1.63 $ | -7.6 % |
| Lettuce (1 head) | 3.62 $ | 2.88 $ | -20.5 % |
| Water (1.5 liter bottle) | 1.91 $ | 2.41 $ | +25.8 % |
| Bottle of Wine (Mid-Range) | 10.75 $ | 20.00 $ | +86.0 % |
| Domestic Beer (0.5 liter bottle) | 1.99 $ | 2.53 $ | +27.2 % |
| Imported Beer (12 oz small bottle) | 2.81 $ | 3.81 $ | +35.4 % |
| Cigarettes 20 Pack (Marlboro) | 13.50 $ | 17.00 $ | +25.9 % |
Transportation | Albany, NY Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) | 1.50 $ | 2.90 $ | +93.3 % |
| Monthly Pass (Regular Price) | 77.50 $ | 132.00 $ | +70.3 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 5.00 $ | 0.0 % |
| Taxi 1 mile (Normal Tariff) | 2.24 $ | 3.50 $ | +56.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 27.50 $ | 30.00 $ | +9.1 % |
| Gasoline (1 gallon) | 3.68 $ | 3.89 $ | +5.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 30,000.00 $ | 28,000.00 $ | -6.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,642.24 $ | 27,049.17 $ | -2.1 % |
Utilities (Monthly) | Albany, NY Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 183.68 $ | 178.15 $ | -3.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 48.47 $ | 64.70 $ | +33.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 61.61 $ | 69.77 $ | +13.2 % |
Sports And Leisure | Albany, NY Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 67.00 $ | 132.14 $ | +97.2 % |
| Tennis Court Rent (1 Hour on Weekend) | 22.00 $ | 74.17 $ | +237.1 % |
| Cinema, International Release, 1 Seat | 15.00 $ | 20.00 $ | +33.3 % |
Childcare | Albany, NY Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,400.00 $ | 3,065.64 $ | +119.0 % |
| International Primary School, Yearly for 1 Child | 28,000.00 $ | 63,250.00 $ | +125.9 % |
Clothing And Shoes | Albany, NY Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 44.67 $ | 69.52 $ | +55.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 46.37 $ | 45.42 $ | -2.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 87.25 $ | 96.00 $ | +10.0 % |
| 1 Pair of Men Leather Business Shoes | 109.00 $ | 161.86 $ | +48.5 % |
Rent Per Month | Albany, NY Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre | 1,407.50 $ | 4,162.14 $ | +195.7 % |
| Apartment (1 bedroom) Outside of Centre | 1,391.25 $ | 2,839.97 $ | +104.1 % |
| Apartment (3 bedrooms) in City Centre | 2,733.33 $ | 8,250.20 $ | +201.8 % |
| Apartment (3 bedrooms) Outside of Centre | 2,466.67 $ | 4,353.33 $ | +76.5 % |
Buy Apartment Price | Albany, NY Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 360.09 $ | 1,644.57 $ | +356.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 298.15 $ | 1,091.71 $ | +266.2 % |
Salaries And Financing | Albany, NY Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) | 4,368.40 $ | 5,693.32 $ | +30.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.48 | 6.65 | +2.6 % |
| Last update: | March 2024 | April 2024 | |
| Contributors in the past 12 months: | 26 | 500 |
Moving to Albany, NY? Explore:
Moving to New York, NY? Explore:
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 |
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 |