Cost of living in Albany

Albany, United States is Very expensive overall. Monthly costs are about $1985 for one person and $5311 for a family of four, including rent.

How expensive is Albany compared to other cities?

Compared to the European benchmark, Albany is 39% more expensive overall.

How does Albany compare to your city?

Albany is 43% cheaper than New York City, without rent.

Rent in Albany is, on average, 55% lower than in New York City.

What drives the cost of living in Albany?

Who is Albany a good fit for?

Albany tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is Albany so expensive?

The primary driver of Albany's high cost of living is rent and utilities, which significantly impact overall expenses.

Is food expensive in Albany?

Food costs in Albany are 27% higher compared to the European benchmark, making it a notable expense.

Is public transport affordable in Albany?

Public transport in Albany is 28% lower than the European benchmark, offering some affordability in this area.

Cost of living breakdown

Cost of Living, one person, including rent
1985 $
Without Rent
816 $
Rent & Utilities
1169 $
Food
603 $
Transport
54 $
Monthly Salary, after tax
4532 $
GDP per Capita
81,695 $
Freedom Index
8.39
Lifespan
77 years
Speak English
96%
Population
99.2K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 17.2 $
Dinner 68.8 $
Fast food, McDonalds or KFC 10.8 $
Beer, 0.5 L or 16 fl oz 5.32 $
Capuccino 5.25 $
Coke, 330ml 2.92 $

Compare Albany with:

Markets

Milk, 1 L or 1 qt 0.98 $
Bread, 0.5 kg or 1 lb 3.39 $
Rice, 1 kg or 2 lb 3.92 $
Eggs, 12 pack 4.21 $
Cheese, 1 kg or 2 lb 14.6 $
Chicken Breast, 1 kg or 2 lb 10.9 $
Round Steak, 1 kg or 2 lb 14.5 $
Apples, 1 kg or 2 lb 4.39 $
Banana, 1 kg or 2 lb 1.44 $
Oranges, 1 kg or 2 lb 4.71 $
Tomato, 1 kg or 2 lb 5.02 $
Potato, 1 kg or 2.2 lb 2.6 $
Onion, 1 kg or 2.2 lb 3.49 $
Water, 1 L or 1 qt 1.19 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.43 $
Wine, 750 mL bottle 12.3 $
Beer, 0.5 L or 16 fl oz 2.28 $
Cigarette pack 12.9 $

Transportation

One-way Ticket 1.75 $
Monthly Pass 64.9 $
Gas or Petrol, 1l or 0.26 gal 0.97 $
Taxi, 8 km 15.1 $

Personal Care

Doctor Visit, private clinic 123 $
Cold medicine, for 1 week 11.6 $
Hair Shampoo, 400 ml or 12 oz. 4.93 $
Toilet paper, 4 rolls 3.5 $
Toothpaste, 1 tube 2.06 $

Utilities per Month

1 person, electricity, heating, water & garbage 122 $
Family of 4, electricity, heating, water & garbage 187 $
Internet plan, +60 Mbps 56.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 965 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,153 $
1 Bedroom Apartment, in city center, 40 sq.m 1,090 $
3 Bedroom Apartment, in city center, 85 sq.m 2,481 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,899 $
Price per Square Meter to Buy House, in suburbs 3,215 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,532 $
Mortgage Interest Rate, for 20 years fixed-rate 6.43%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 49.3 $
Cinema, 1 seat 14 $
Haircut 18.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 84.8 $
Brand Jeans, Levis 501 53.5 $

Childcare

Preschool, full day, monthly for 1 child 1,414 $
International Primary School, yearly for 1 child 24,980 $

Compare Albany with other top cities

Cayman Islands
Albany vs George Town (George Town is 84% more expensive)
Bahamas
Albany vs Nassau (Nassau is 39% more expensive) Albany vs Freeport (Freeport is 11% more expensive)
Vanuatu
Albany vs Port Vila (Port Vila is 18% more expensive) Albany vs Luganville (Luganville is 54% more expensive)
United States
Albany vs New York City (New York City is 104% more expensive) Albany vs Los Angeles (Los Angeles is 61% more expensive) Albany vs Chicago (Chicago is 34% more expensive) Albany vs Houston (Houston is 13% more expensive) Albany vs Phoenix (Phoenix is 19% more expensive) Albany vs Philadelphia (Philadelphia is 28% more expensive) Albany vs San Antonio (San Antonio is 11% more expensive) Albany vs San Diego (San Diego is 69% more expensive) Albany vs Dallas (Dallas is 28% more expensive) Albany vs San Jose (San Jose is 85% more expensive)
Canada
Albany vs Toronto (Toronto is 30% more expensive) Albany vs Montreal (Montreal is 2% less expensive) Albany vs Calgary (Calgary is 8% more expensive) Albany vs Ottawa (Ottawa is 13% more expensive) Albany vs Edmonton (Edmonton is 10% less expensive) Albany vs Winnipeg (Winnipeg is 12% less expensive) Albany vs Mississauga (Mississauga is 25% more expensive) Albany vs Vancouver (Vancouver is 34% more expensive) Albany vs Brampton (Brampton is 7% more expensive) Albany vs Hamilton (Hamilton is 9% more expensive)
Barbados
Albany vs Bridgetown (Bridgetown is 31% less expensive) Albany vs Holetown (Holetown is 30% less expensive)
Panama
Albany vs Panama City (Panama City is 30% less expensive) Albany vs Colon (Colon is 40% less expensive) Albany vs Tocumen (Tocumen is 38% less expensive) Albany vs Santiago de Veraguas (Santiago de Veraguas is 47% less expensive) Albany vs David (David is 58% less expensive) Albany vs La Chorrera (La Chorrera is 52% less expensive) Albany vs Balboa (Balboa is 37% less expensive) Albany vs Pacora (Pacora is 37% less expensive) Albany vs Chitre (Chitre is 45% less expensive) Albany vs Penonome (Penonome is 45% less expensive)
Saint Kitts And Nevis
Albany vs Basseterre (Basseterre is 37% less expensive) Albany vs Cayon (Cayon is 37% less expensive)
Cuba
Albany vs Havana (Havana is 48% less expensive) Albany vs Santiago de Cuba (Santiago de Cuba is 29% less expensive) Albany vs Holguin (Holguin is 36% less expensive) Albany vs Camaguey (Camaguey is 23% less expensive) Albany vs Santa Clara (Santa Clara is 47% less expensive) Albany vs Bayamo (Bayamo is 41% less expensive) Albany vs Guantanamo (Guantanamo is 22% less expensive) Albany vs Las Tunas (Las Tunas is 22% less expensive) Albany vs Pinar del Rio (Pinar del Rio is 45% less expensive) Albany vs Cienfuegos (Cienfuegos is 56% less expensive)
Costa Rica
Albany vs San Jose (San Jose is 38% less expensive) Albany vs Limon (Limon is 39% less expensive) Albany vs Liberia (Liberia is 55% less expensive) Albany vs Alajuela (Alajuela is 38% less expensive) Albany vs Puntarenas (Puntarenas is 36% less expensive) Albany vs Cartago (Cartago is 52% less expensive) Albany vs Heredia (Heredia is 37% less expensive) Albany vs Tamarindo (Tamarindo is 15% less expensive) Albany vs Santa Teresa (Santa Teresa is 34% less expensive)
Saint Lucia
Albany vs Castries (Castries is 42% less expensive) Albany vs Vieux Fort (Vieux Fort is 40% less expensive)
Jamaica
Albany vs Kingston (Kingston is 33% less expensive) Albany vs Spanish Town (Spanish Town is 61% less expensive) Albany vs Montego Bay (Montego Bay is 49% less expensive) Albany vs Half Way Tree (Half Way Tree is 41% less expensive) Albany vs May Pen (May Pen is 59% less expensive) Albany vs Mandeville (Mandeville is 51% less expensive) Albany vs Old Harbour (Old Harbour is 57% less expensive) Albany vs Linstead (Linstead is 47% less expensive) Albany vs Savanna-la-Mar (Savanna-la-Mar is 43% less expensive) Albany vs Port Antonio (Port Antonio is 42% less expensive)
El Salvador
Albany vs San Salvador (San Salvador is 40% less expensive) Albany vs Santa Ana (Santa Ana is 64% less expensive) Albany vs Soyapango (Soyapango is 41% less expensive) Albany vs San Miguel (San Miguel is 46% less expensive) Albany vs Mejicanos (Mejicanos is 42% less expensive) Albany vs Apopa (Apopa is 42% less expensive) Albany vs Santa Tecla (Santa Tecla is 39% less expensive) Albany vs Ahuachapan (Ahuachapan is 27% less expensive) Albany vs Usulutan (Usulutan is 45% less expensive) Albany vs Sonsonate (Sonsonate is 56% less expensive)
Antigua And Barbuda
Albany vs St. John's (St. John's is 45% less expensive) Albany vs All Saints (All Saints is 46% less expensive)
Grenada
Albany vs St. George's (St. George's is 46% less expensive) Albany vs Grenville (Grenville is 47% less expensive)
Dominica
Albany vs Roseau (Roseau is 49% less expensive) Albany vs Portsmouth (Portsmouth is 43% less expensive)
Saint Vincent
Albany vs Kingstown (Kingstown is 51% less expensive) Albany vs Georgetown (Georgetown is 49% less expensive)
Belize
Albany vs Belize City (Belize City is 56% less expensive) Albany vs San Ignacio (San Ignacio is 45% less expensive) Albany vs Belmopan (Belmopan is 63% less expensive) Albany vs San Pedro Town (San Pedro Town is 33% less expensive) Albany vs Caye Caulker (Caye Caulker is 21% less expensive)
Guatemala
Albany vs Guatemala City (Guatemala City is 49% less expensive) Albany vs Mixco (Mixco is 68% less expensive) Albany vs Coban (Coban is 54% less expensive) Albany vs Quetzaltenango (Quetzaltenango is 61% less expensive) Albany vs Jalapa (Jalapa is 54% less expensive) Albany vs San Miguel Petapa (San Miguel Petapa is 55% less expensive) Albany vs Momostenango (Momostenango is 56% less expensive) Albany vs Mazatenango (Mazatenango is 56% less expensive) Albany vs Flores (Flores is 57% less expensive) Albany vs Panajachel (Panajachel is 60% less expensive)
Honduras
Albany vs Tegucigalpa (Tegucigalpa is 58% less expensive) Albany vs San Pedro Sula (San Pedro Sula is 48% less expensive) Albany vs Choloma (Choloma is 70% less expensive) Albany vs La Ceiba (La Ceiba is 67% less expensive) Albany vs El Progreso (El Progreso is 56% less expensive) Albany vs Villanueva (Villanueva is 56% less expensive) Albany vs Comayagua (Comayagua is 64% less expensive) Albany vs Puerto Cortes (Puerto Cortes is 64% less expensive) Albany vs Yoro (Yoro is 63% less expensive) Albany vs La Lima (La Lima is 56% less expensive)
Dominican Republic
Albany vs Santiago de los Caballeros (Santiago de los Caballeros is 60% less expensive) Albany vs Santo Domingo (Santo Domingo is 47% less expensive) Albany vs Puerto Plata (Puerto Plata is 61% less expensive) Albany vs Higuey (Higuey is 61% less expensive) Albany vs La Vega (La Vega is 71% less expensive) Albany vs San Cristobal (San Cristobal is 58% less expensive) Albany vs San Pedro de Macoris (San Pedro de Macoris is 63% less expensive) Albany vs San Francisco de Macoris (San Francisco de Macoris is 73% less expensive) Albany vs San Juan de la Maguana (San Juan de la Maguana is 69% less expensive) Albany vs Bonao (Bonao is 73% less expensive)
Nicaragua
Albany vs Managua (Managua is 61% less expensive) Albany vs Leon (Leon is 68% less expensive) Albany vs Masaya (Masaya is 64% less expensive) Albany vs Matagalpa (Matagalpa is 72% less expensive) Albany vs Chinandega (Chinandega is 68% less expensive) Albany vs Esteli (Esteli is 70% less expensive) Albany vs Granada (Granada is 65% less expensive) Albany vs Jinotega (Jinotega is 77% less expensive) Albany vs Juigalpa (Juigalpa is 67% less expensive) Albany vs San Juan del Sur (San Juan del Sur is 55% less expensive)