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Albany, NY. Calculate. To maintain your standard of living in Albany, NY, you'll need a household income of: $31,863. The cost of living is 119.69% lower in Albany, NY. The total income needed is ...
Apr 24, 2024 · About Albany, New York Albany (/ˈɔːlbəni/ (listen) ALL-bə-nee) is the capital of the U.S. state of New York and the seat of Albany County. Albany is located on the west bank.... More. The federal minimum wage is $7.25 per hour while New York's state law sets the minimum wage rate at $15 per hour in 2024. Demands for a living wage that is ...
Compare Albany, NY with: Summary of cost of living in Albany, NY, United States: A family of four estimated monthly costs are 4,272.8$ without rent (using our estimator). A single person estimated monthly costs are 1,185.3$ without rent. Albany is 27.1% less expensive than New York (without rent, see our cost of living index ).
RestaurantsEditRangeMeal, Inexpensive Restaurant20.00 $15.00 - 30.00Meal for 2 People, Mid-range Restaurant, ...70.00 $50.00 - 84.00McMeal at McDonalds (or Equivalent Combo ...10.80 $9.00 - 14.00Domestic Beer (1 pint draught)5.00 $4.00 - 7.50A typical home costs $253,100, which is 25.1% less expensive than the national average of $338,100 and 38.8% 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 7.7% cheaper than the national average of $1,430 and 48.5% cheaper than the state average of $1,960.
- Albany, New York gets a BestPlaces Cost of Living index of 99.3, which means the total cost of housing, food, child care, transportation, health ca...
- Is it expensive to live in Albany, New York?.
- To live comfortably in Albany, New York, a minimum annual income of $48,600 for a family, and $43,600 for a single person is recommended.
Cost of living is the amount of money needed to cover basic expenses in order to live in a given area. This generally includes housing, utilities, transportation, healthcare and food costs. Other miscellaneous costs, such as movie tickets or entertainment, are also considered.
Albany, New York’s cost of living is 6% higher than the national average. Compare cost of living in Albany with factors like salaries, housing expenses, groceries, utilities and more.
Mar 1, 2024 · 99.2K. The average cost of living in Albany is $2279, which is in the top 12% of the most expensive cities in the world, ranked 1103rd out of 9294 in our global list, 989th out of 2202 in the United States, and 64th out of 115 in New York State. The median after-tax salary is $4293, which is enough to cover living expenses for 1.9 months.
