Zip 12144 (Rensselaer, NY) Cost of Living


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How much do I need to live in Rensselaer, New York?
$4,050 / month
for a family, 25.0% less expensive than the national average A total of $48,600 for the year for a family.
$3,633 / month
for a single person, 23.8% less expensive than the national average A total of $43,600 for the year for a single person.

Rensselaer cost of living score
95.8
Less expensive
4.2% lower
than the US average
21.2% lower
than the New York average
Rensselaer (zip 12144), New York gets a BestPlaces Cost of Living score of 95.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.2% lower than the U.S. average and 21.2% lower than the average for New York.

Zip 12144 (Rensselaer, NY)

Housing costs in Rensselaer?
A typical home costs $252,800, which is 25.2% less expensive than the national average of $338,100 and 38.9% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Rensselaer 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 Rensselaer?
To live comfortably in Rensselaer (zip 12144), New York, a minimum annual income of $48,600 for a family, and $43,600 for a single person is recommended.

What does A.I. say about Rensselaer?
The cost of living in 12144 Rensselaer, NY is relatively affordable compared to the rest of the country. Overall, the housing market is reasonably priced and stable, with median home values being approximately $152,900. Additionally, rental prices are also quite affordable, with an average monthly rent for a two-bedroom apartment being around $1,138. Other essential commodities such as groceries and healthcare are also within reach of most residents due to local stores and suppliers offering competitive prices. In general, 12144 Rensselaer offers a good balance between affordability and quality or life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRensselaerNew YorkUnited States
    Unlock121.5100.0
  101.3  Unlock100.0
    Unlock120.7100.0
  76.3  Unlock100.0
    Unlock$413,600$338,100
  103.1  Unlock100.0
    Unlock140.7100.0
  132.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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