🇺🇸 NY, United States · 2026

Cost of Living in Albany

5.0% below the United States average

Ranked #90 of 577 cities · More expensive than 84.4% of cities worldwide

-5.0%
Cost of Living
-8.7%
Rent
+6.6%
Groceries
-6.4%
Purchasing Power

Compared to United States average · See United States ranking →

Rent Prices in Albany

Apartment City Centre Outside Centre You Save
1-Bedroom USD 1,426/mo USD 1,280/mo 10%
3-Bedroom USD 2,900/mo —
Numbeo · 2026-10-02

Multi-Source Comparison

★★★ High Confidence

Albany has a cost of living index of 54.8 (New York = 100, rent included), the average of 3 of 3 data sources.

54.8
Index
3
Sources
7.9
Gap between sources

Source Values (NYC = 100)

Numbeo
59.9
Expatistan
52.0
LivingCost
52.6
ShouldIMove price index
No data

ShouldIMove price index: our own basket of real item prices plus rent.

Cost Indices

Cost of Living
-5.0% Average
Rent
-8.7% Affordable
Groceries
+6.6% Average
Restaurants
+18.9% Expensive
Purchasing Power
-6.4% Average

Living in Albany: What to Expect

Albany is expensive by global standards (ranked #90 of 577 cities). It is 5.0% cheaper than the United States average, based on 82 cities.

Groceries are average and dining out is expensive. The best value is rent and the priciest is restaurants.

Local purchasing power is strong: residents can afford more goods and services than in most cities.

How Does Albany Compare?

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