Albany cost of living
Cost of living in the city of Albany
Albany-Schenectady-Troy, NY had 913,485 people in the Census Vintage 2024 estimates. The HUD area used for rent is Albany-Schenectady-Troy, NY MSA. The 2024 all-items regional price parity is 99.6, where the U.S. average is 100.
2-bedroom Fair Market Rent
$1,711
FY 2027, principal HUD area
Median gross rent
$1,341
ACS 2024 1-year
Goods prices
99.7
BEA goods RPP, 2024
Utilities prices
134.0
BEA utilities RPP, 2024
Mean commute
23.7 minutes
ACS S0801, workers who did not work from home
Median household income
$86,637
ACS 2024, 2024 dollars
Median real estate taxes divided by median home value in this metro are 1.59%. Childcare prices are not in the verified dataset.
Benefits in New York
Benefit rules in this tool follow the state, not the city. SNAP in New York · Medicaid · New York overview
Related comparisons
From Albany
The eight largest 2-bedroom Fair Market Rent gaps from Albany.
- Albany and San Francisco · rent gap $1,986
- Albany and San Jose · rent gap $1,561
- Albany and Boston · rent gap $1,297
- Albany and New York · rent gap $1,260
- Albany and Los Angeles · rent gap $1,253
- Albany and San Diego · rent gap $1,112
- Albany and Miami · rent gap $853
- Albany and Seattle · rent gap $838
Nearby metros
Next in the population ranking: McAllen, Allentown, Baton Rouge