Cost of Living in Albany, NY - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,149 (excluding rent), and $2,668 including rent.

Family of 3: Estimated monthly costs are $2,835 (excluding rent), and $5,642 including rent.

Meal at Budget Restaurant

$18.67 $18.67

$14.74 $14.74

$29.48 $29.48

Three-Course Dinner for Two, Mid-Range

$78.5 $78.5

$49.4 $49.4

$98.8 $98.8

Fast Food Meal (McDonalds, etc)

$13.17 $13.17

$10.13 $10.13

$15.2 $15.2

Cappuccino

$6.07 $6.07

$5.05 $5.05

$12.13 $12.13

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.8 $2.8

$2.4 $2.4

$4.02 $4.02

Water (0.33 liter bottle)

$1.96 $1.96

$1.77 $1.77

$2.53 $2.53

Local Beer (0.5 liter draught)

$5.11 $5.11

$4.09 $4.09

$9.2 $9.2

Imported Beer (0.33 liter bottle)

$6.17 $6.17

$5.14 $5.14

$6.17 $6.17

Milk (1 liter)

$1.06 $1.06

$0.81 $0.81

$1.35 $1.35

White Bread (500g)

$3.86 $3.86

$3.24 $3.24

$6.5 $6.5

Rice (white) (1kg)

$5.69 $5.69

$2.45 $2.45

$8.88 $8.88

Eggs

$5.4 $5.4

$3.9 $3.9

$7.07 $7.07

Local Cheese (1kg)

$14.02 $14.02

$5.49 $5.49

$19.76 $19.76

Chicken Fillets (1kg)

$14.2 $14.2

$6.54 $6.54

$19.68 $19.68

Beef Round Steak (1kg)

$17.55 $17.55

$8.81 $8.81

$24.27 $24.27

Apples (1kg)

$4.66 $4.66

$3.93 $3.93

$6.57 $6.57

Banana (1kg)

$1.42 $1.42

$0.85 $0.85

$2.36 $2.36

Oranges (1kg)

$4.79 $4.79

$2.23 $2.23

$20.13 $20.13

Tomato (1kg)

$4.98 $4.98

$2.89 $2.89

$15.7 $15.7

Potato (1kg)

$2.98 $2.98

$1.75 $1.75

$3.5 $3.5

Onion (1kg)

$3.53 $3.53

$2.23 $2.23

$4.46 $4.46

Lettuce (1 head)

$3.14 $3.14

$1.22 $1.22

$5.87 $5.87

Water (1.5 liter bottle)

$1.82 $1.82

$1.02 $1.02

$2.54 $2.54

Cigarettes 20 Pack (Marlboro, Camel)

$14.56 $14.56

$12.83 $12.83

$15.43 $15.43

Wine (Bottle)

$12.78 $12.78

$8.85 $8.85

$14.75 $14.75

Local Beer (0.5 liter bottle)

$2.15 $2.15

$1.69 $1.69

$2.8 $2.8

Imported Beer (0.33 liter bottle)

$4.05 $4.05

$1.53 $1.53

$5.09 $5.09

One-way Ticket (Public Transport)

$1.52 $1.52

$3.04 $3.04

Public Transport Monthly Pass (Regular Price)

$65.3 $65.3

$55.3 $55.3

$101 $101

Taxi Start (Normal Tariff)

$5.11 $5.11

$10.22 $10.22

Taxi (Normal Tariff) (1km)

$1.36 $1.36

$1.06 $1.06

$1.66 $1.66

Taxi 1hour Waiting (Normal Tariff)

$27.69 $27.69

$25.17 $25.17

$30.2 $30.2

Gasoline (1 liter)

$0.93 $0.93

$0.81 $0.81

$1.02 $1.02

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.9K $29.9K

$24.9K $24.9K

$36.2K $36.2K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.4K $25.4K

$25.1K $25.1K

$25.7K $25.7K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$210 $210

$163 $163

$258 $258

SIM Card Monthly Plan (Calls and 10GB+ Data)

$59 $59

$43.73 $43.73

$96.6 $96.6

Internet (50+ Mbps, Unlimited Data)

$76.9 $76.9

$59.6 $59.6

$109 $109

Gym Membership (Monthly)

$31.68 $31.68

$25.35 $25.35

$95.3 $95.3

Tennis Court (1 Hour on Weekend)

$21.93 $21.93

Cinema Ticket

$14.93 $14.93

$17.24 $17.24

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,422 $1,422

$508 $508

$2,337 $2,337

International Primary School, 1 Child (Yearly)

$27.6K $27.6K

$16.6K $16.6K

$27.6K $27.6K

Jeans (Levis 501 Or Similar)

$52.1 $52.1

$29.89 $29.89

$58.8 $58.8

Summer Dress (H&M, Zara, etc)

$46.85 $46.85

$35.63 $35.63

$61.1 $61.1

Sport Shoes (Adidas, Nike)

$82.5 $82.5

$59.6 $59.6

$199 $199

Men's Leather Business Shoes

$104 $104

$58.6 $58.6

$169 $169

1-bedroom Apartment, City Center (Monthly)

$1,448 $1,448

$914 $914

$2,538 $2,538

1-bedroom Apartment, Outside City Center (Monthly)

$1,256 $1,256

$982 $982

$1,767 $1,767

3-bedroom Apartment, City Center (Monthly)

$2,926 $2,926

$1,917 $1,917

$6,053 $6,053

3-bedroom Apartment, Outside City Center (Monthly)

$2,587 $2,587

$1,791 $1,791

$3,283 $3,283

Buy Apartment in City Center (m2)

$2,499 $2,499

$2,318 $2,318

$7,013 $7,013

Buy Apartment Outside City Center (m2)

$2,449 $2,449

$2,271 $2,271

$4,908 $4,908

Average Monthly Net Salary (After Tax)

$3,921 $3,921

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

6.19

6.8

Citycost data is based on AI and user input – minor inaccuracies may occur.

Last update: November 24, 2025

Digital Nomad Cost of Living Index

City tags:

🌎 North america

Cost of Living in Albany, NY - Frequently Asked Questions

Albany tends to offer a solid value for travelers and remote workers, especially if you compare the wider Northeast. In practical terms, you’ll find housing and everyday expenses that are more affordable than big coastal hubs, while still delivering urban amenities, good walkability, and reliable public transit. The appeal grows if you prefer a quieter pace and a shorter commute to nature, universities, and regional sites. Expect a mix of older apartment stock and newer units in walkable districts, with grocery and dining options that won’t break the bank. Cost of Living in Albany, NY, United States reflects this balance, making it workable for longer stays. Tip: Set a monthly envelope for housing, groceries, and utilities.

Daily life centers on practical choices: hunt for a place with transit access, compare neighborhoods by vibe and noise, and plan groceries and cooking rather than constant dining out. You’ll find a mix of rental types, from downtown flats to quieter east or south side houses, with leases that fit different timeframes. Public transit and Amtrak connect you to nearby cities, while biking is pleasant in many seasons. For co-working, there are many shared spaces and cafes with good Wi‑Fi. Errands are easy in well-served commercial corridors, and Saturday markets deliver fresh produce. Albany, NY, United States living cost varies by area, so align your search with your work needs. Tip: Build a flexible weekly plan and scout multiple neighborhoods.

Quality of life in Albany blends city access with regional charm, so you want a budgeting approach that matches your rhythm. A simple framework is to group expenses into housing, utilities, groceries, transport, and leisure, then track them weekly and adjust by season. In winter, heating can reshape your energy use; in summer, cooling and air quality (if you go for high-efficiency options) matters. Save by leveraging farmers markets, community-supported programs, and selective dining out. Neighborhood fit matters: Downtown and University District offer nightlife and transit, while South End and Arbor Hill give more space and a slower pace. Tip: test a few areas with short visits before committing long-term.