Lake Carmel, New York vs. Albany, New York

Cost of Living Comparison

The cost of living in Albany, New York is 21.2% cheaper than Lake Carmel, New York.

You would need a salary of $126,144 in Albany, New York to maintain the standard of living you have in Lake Carmel, New York.
Comparison highlights
• Overall, Albany, New York is cheaper than Lake Carmel, New York
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
23% cheaper in Albany
than in Lake Carmel, New York
Lake Carmel, NY vs. Albany, NY
Compared to Lake Carmel, Albany is:
  Homeowner
      No Child Care, Taxes not Considered
  21.2% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  3.5% lower
  Housing (Homeowner)
  29.9% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.0% lower
  Commute
  47.7% lower
  Health
  10.4% lower
  Taxes
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  Childcare
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  Personal
  0.7% higher
Cost of Food
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