Rensselaer Falls, NY Cost of Living


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Rensselaer Falls cost of living score
74.8
Less expensive
25.2% lower
than the US average
38.4% lower
than the New York average
Rensselaer Falls, New York gets a BestPlaces Cost of Living score of 74.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.2% lower than the U.S. average and 38.4% lower than the average for New York.

Rensselaer Falls, NY

Housing costs in Rensselaer Falls?
A typical home costs $127,100, which is 62.4% less expensive than the national average of $338,100 and 69.3% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Rensselaer Falls costs $920 per month, which is 35.7% cheaper than the national average of $1,430 and 113.0% cheaper than the state average of $1,960.

Can I afford Rensselaer Falls?
To live comfortably in Rensselaer Falls, New York, a minimum annual income of $24,480 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Rensselaer Falls?
The cost of living in Rensselaer Falls, NY is generally considered to be quite affordable, especially when compared to other cities and towns in the area. The median home value for the region is $111,700, while the median household income is around $47,000. Additionally, goods and services are relatively low-cost; grocery items are often found at discounted prices and utilities are some of the lowest in the region. With its close proximity to major cities like Albany and Saratoga Springs, Rensselaer Falls offers all the advantages of city living without much of the price tag.
   Cost of living score
     CategoriesRensselaer FallsNew YorkUnited States
  74.8121.5100.0
  96103.8100
  109.9120.7100.0
  23.8127.9100.0
  $127,100$413,600$338,100
  111.1%115.9%100.0%
  77.2140.7100.0
  106.9121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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