Zip 12222 (Albany, NY) Cost of Living


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Albany cost of living score
99.3
Less expensive
0.7% lower
than the US average
18.3% lower
than the New York average
Albany (zip 12222), New York gets a BestPlaces Cost of Living score of 99.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.7% lower than the U.S. average and 18.3% lower than the average for New York.

Zip 12222 (Albany, NY)

Housing costs in Albany?
A typical home costs $305,900, which is 9.5% less expensive than the national average of $338,100 and 26.0% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Albany costs $1,320 per month, which is 32.7% cheaper than the national average of $1,960 and close to the state average of $1,310.

Can I afford Albany?
To live comfortably in Albany (zip 12222), New York, a minimum annual income of $58,680 for a family, and $43,600 for a single person is recommended.

What does A.I. say about Albany?
12222 Albany, NY offers an affordable cost of living. Rental prices for apartments are quite reasonable in comparison to other cities in the state, with the median rent being around $1,100 per month. Groceries and essentials like gas are also cheap here, with a gallon of milk costing approximately $3.50 and a gallon of gas around $2.75. Overall, 12222 Albany is an affordable place to live and can provide you with the lifestyle you desire without breaking your budget.
   Cost of living score
     CategoriesAlbanyNew YorkUnited States
  99.3121.5100.0
  104103.8100
  116.8120.7100.0
  91.2127.9100.0
  $305,900$413,600$338,100
  111.1%115.9%100.0%
  90.2140.7100.0
  154.3121.8100.0

   100=National Average

   Average Rent by Bedroom Size
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