Rensselaer, NY Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
97
Rensselaer's Overall Cost Of Living
1.0x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Rensselaer is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Rensselaer, NY?

According to the most recent data on the cost of living, Rensselaer has an overall cost of living index of 97 which is 1.0x lower than the national index of 100.

Compared to only New York, Rensselaer has a cost of living index that's 0.8x lower than New York's index of 117.

The standard of living in Rensselaer ranks as #2809 most affordable out of the 6522 places we measured in New York. By definition, that implies Rensselaer ranks as the #3597 most expensive place in the Empire State.

For more reading on life in Rensselaer, check out:

Rensselaer Cost Of Living Vs. New York

Living Expense Rensselaer New York National Average
Overall 97 117 100
Services 106 108 100
Groceries 115 108 100
Health 102 101 100
Housing 78 145 100
Transportation 100 102 100
Utilities 100 97 100
For more reading on cost of living around New York, check out:
Rensselaer Cost of Living Vs. NY

Rensselaer, NY Housing Cost Breakdown

Housing swings affordability the most between places in New York, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$132,700
Median Home Value
$930
Median Rent
$55,449
Median Income
Statistic Rensselaer New York United States
Median Home Value $132,700 $302,200 $204,900
Median Rent $930 $1,240 $1,023
Median Income $55,449 $65,323 $60,293
Home Value To Income 2.4x 4.6x 3.4x
Rent To Monthly Income 0.2x 0.23x 0.2x

Rensselaer SnackAbility

7
/10
Overall SnackAbility
Jobs
6/10
Housing
8
Affordability
8
Diversity
8.5
Safety
N/A
Amenities
8.5
Education
8
Commute
8

Cost Of Living In Cities Around Rensselaer

City Population Cost Of Living Vs. Rensselaer
Albany, NY 97,889 102 1.1x
Troy, NY 49,610 98 1.0x
Rotterdam, NY 20,274 100 1.0x
Cohoes, NY 16,599 99 1.0x
Watervliet, NY 10,120 98 1.0x
Colonie, NY 7,793 108 1.1x
Scotia, NY 7,715 97 1.0x
Westmere, NY 7,001 111 1.1x
East Glenville, NY 6,371 106 1.1x
Mechanicville, NY 5,144 99 1.0x

Articles About New York

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