Cost of Living in Albany County, NY

What does it cost to live in Albany County? Income, housing, and affordability breakdown.

Median Income

$78,829

Median Rent

$1,196/mo

Median Home

$263,800

Affordability

355

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,334
Property Tax$426
Insurance$88

Total Monthly$1,848
% of Income28.1%

Renting

Median Rent$1,196
Renter's Insurance$25

Total Monthly$1,221
% of Income18.2%

Living in Albany County, New York

Albany County has a median household income of $78,829 with housing costs that represent 28.1% of income for owners and 18.2% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 355 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

Compare Cost of Living Across Counties

Enter two locations and get a side-by-side comparison of housing, taxes, utilities, transportation, and overall affordability with salary adjustment calculations.

Start Free Comparison

Other Counties in New York

This County Across Smart Technology Investments

Money and planning

  • Venatribusiness, startup, launch cost
  • Lontevisretirement, withdrawal, portfolio
  • Morivexlife insurance, term, whole

Property and place

  • Torvanirent, buy, mortgage
  • Tavirexproperty tax, assessment, appeal
  • Veloquahomeowner insurance, premium, peril

Family and education

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.