Albany-Schenectady-Troy, NY Cost of Living & Economic Score

Federal Bureau of Economic Analysis cost-of-living and household-budget data for the Albany-Schenectady-Troy, NY metropolitan statistical area.

C+
InflationRank Score
79 / 100
Solid affordability — better than the U.S. national average.
Metro cost level (RPP)
98.5
1.5% below U.S. (100)
Cost burden
77
0–100 (higher = cheaper)
Income resilience
83
state-level proxy
State context
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Cost of living in Albany-Schenectady-Troy

According to the U.S. Bureau of Economic Analysis, prices in the Albany-Schenectady-Troy, NY metropolitan area run 1.5% below the U.S. average (Regional Price Parity index 98.5 on a base of 100). That puts Albany-Schenectady-Troy close to the middle of the U.S. cost-of-living range.

For broader state context — including state taxes, insurance, and energy costs that affect every New York household — see the New York state report.

Other New York metros

Compare to similar-cost metros

Colorado Springs, CO · RPP 99.0 Eugene-Springfield, OR · RPP 98.0 Raleigh, NC · RPP 98.0 Las Vegas-Henderson-Paradise, NV · RPP 99.0

Frequently Asked Questions

What is the cost of living in Albany-Schenectady-Troy, NY?

The Albany-Schenectady-Troy, NY metro area has a Regional Price Parity (RPP) of 98.5 (U.S.=100), meaning prices are 1.5% below the national average. Source: U.S. Bureau of Economic Analysis.

Is Albany-Schenectady-Troy an affordable place to live?

Albany-Schenectady-Troy, NY has an InflationRank score of 79/100 (grade C+), reflecting cost of living near the U.S. national average. The metro RPP of 98.5 compares to a U.S. baseline of 100.

How does Albany-Schenectady-Troy compare to other cities for cost of living?

Albany-Schenectady-Troy, NY has a cost-of-living index of 98.5 (U.S.=100), 1.5% below the national average. Similar-cost metros include Colorado Springs, CO (RPP 99.0), Eugene-Springfield, OR (RPP 98.0).

About the InflationRank Score

The InflationRank Score is a proprietary 0–100 composite that summarizes a metro area's cost-of-living and economic conditions on a familiar A–F grading scale. The composite weighs cost level, inflation pressure, and income resilience, sourced from federal government datasets and reviewed annually as federal data refreshes.

Underlying data is drawn from authoritative federal economic agencies and public housing datasets. See full data sources →