🇺🇸 NY, United States · #57 of 538 cities · 2026

Cost of Living in Albany

2.5% above the United States average

Ranked #57 of 538 cities · More expensive than 89.4% of cities worldwide

Compared to United States average

Rent Prices

Rent Prices in Albany

Apartment City Centre Outside Centre You Save
1-Bedroom USD 1,120/mo USD 840/mo 25%
3-Bedroom USD 1,950/mo USD 1,463/mo 25%
Estimated from rent index. Actual prices vary. · 2026

Cost Indices

Cost of Living
+2.5% Average
Rent
-5.2% Average
Groceries
+2.9% Average
Restaurants
+10.1% Expensive
Purchasing Power
-5.3% Average

Living in Albany: What to Expect

Albany is average by global standards (ranked #57 of 538 cities). It is 2.5% more expensive than the United States average, based on 74 cities.

Groceries are average, while dining out is expensive. Rent offers the best value, while Restaurants is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

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