Summit, New Jersey vs. Albany, New York

Cost of Living Comparison

The cost of living in Albany, New York is 48.5% cheaper than Summit, New Jersey.

You would need a salary of $25,775 in Albany, New York to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, Albany, New York is cheaper than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
75% cheaper in Albany
than in Summit, New Jersey
Summit, NJ vs. Albany, NY
Compared to Summit, Albany is:
  Homeowner
      No Child Care, Taxes not Considered
  48.5% 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
  10.6% lower
  Housing (Homeowner)
  79.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.1% higher
  Commute
  38.6% lower
  Health
  19.8% higher
  Taxes
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  Childcare
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  Personal
  2.9% higher
Cost of Food
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