Moving from New York to Albany
Your paycheck goes 18.6% further in Albany than in New York. Compare taxes, rent, home prices and the cost of the move.
Equal salary in Albany: $82,000
Compare any two of 149 U.S. metro areas. All cities
To keep the same lifestyle, you need about $82,000 in Albany, NY to match $100,000 in New York, NY ($18,000 less), after 2026 taxes and local prices.
Single filer, W-2 salary. Both are in New York, so state income tax is the same; includes New York City resident tax $3,441 (inside city limits).
Prices and housing cover the metro area; taxes use New York, its principal state. A metro can span several states; living in its other state can change the tax result.
New York vs Albany: key facts
- Median rent
- $1,851 → $1,341/mo
- Median home value
- $648,800 → $316,300
- Median household income
- $99,852 → $86,637
- Price level (U.S. = 100)
- 112.6 → 99.6
- FEMA county-score mean
- Very high county-score mean → High county-score mean
New York vs Albany cost of living
The vertical line marks the U.S. average (100).
| Measure | New York, NY | Albany, NY |
|---|---|---|
| Overall price level (U.S. = 100) | 112.6 | 99.6 |
| Median rent | $1,851 | $1,341 |
| Income to rent affordably (30%) | $74,040 | $53,640 |
| Median home value | $648,800 | $316,300 |
| Monthly cost to own (20% down) | $4,478 | $2,255 |
| Income needed to buy | $191,936 | $96,631 |
| Median property tax | $9,973 | $5,041 |
| State income tax on $100,000 | $4,860 | $4,860 |
| City income tax (inside city limits) | $3,441 | None |
| Metro population | 19,940,274 | 913,485 |
Metro-area figures (Census ACS 2024, BEA 2024). The fixed tax rows above use an illustrative single-earner salary of $100,000, rounded from New York's median household income. Household income can include multiple earners; it is not a typical individual wage. Taxes use each metro's principal state, plus the income tax the principal city charges its residents. Unticking a city's box in the calculator estimates typical suburban tax for living and working outside that tax area; a nonresident city tax for work inside the city is not modeled. A metro can span several states; residence in its other state can change the tax result.
At higher incomes, especially for homeowners, itemizing state and local taxes (deductible up to $40,400 in 2026) can lower your federal tax while you live in New York, which narrows the gap shown.
- New York, NY: New York City residents pay a city income tax of 3.078%–3.876% on New York taxable income (brackets set in law, not indexed). The tax follows where you live, not where you work: people who live outside the five boroughs don't pay it, even when they commute into the city (New York City government employees are the exception). Yonkers, in Westchester County, has its own resident and nonresident taxes. Fixed examples inside the modeled tax area include this tax; calculator totals follow your city-limit selections.
Your yearly budget: New York vs Albany
This fixed budget example uses $100,000, single filing and residence inside the principal city tax areas. It does not change with the calculator above.
On a $100,000 salary, taxes, gross rent including basic utilities, one car and health insurance for one adult come to $65,397 a year in New York and $55,836 in Albany if you rent: $9,561 less after the move. If you buy the median home, those selected costs use mortgage, property tax, homeowners insurance and electricity instead of gross rent; they come to $98,784 and $68,658 ($30,126 less).
Your yearly budget, before vs after
| Yearly cost | New YorkBefore | AlbanyAfter | Change |
|---|---|---|---|
| Income and payroll taxes on $100,000, single filer | $29,533 | $26,092 | -$3,441 |
| Car insurance one car, state average | $1,753 | $1,753 | $0 |
| Gas 12,000 miles at 25 mpg | $2,095 | $2,095 | $0 |
| Health insurance one adult, age 40, own plan before subsidies | $9,804 | $9,804 | $0 |
| If you rent | |||
| Rent and basic utilities ACS median gross rent, 12 months | $22,212 | $16,092 | -$6,120 |
| Total if you rent | $65,397 | $55,836 | -$9,561 |
| If you buy the median home (20% down) | |||
| Mortgage payment median home, 20% down, 7.24% | $42,447 | $20,694 | -$21,753 |
| Property tax median home | $9,973 | $5,041 | -$4,932 |
| Homeowners insurance state median, with a mortgage | $1,322 | $1,322 | $0 |
| Electricity state average bill | $1,857 | $1,857 | $0 |
| Total if you buy | $98,784 | $68,658 | -$30,126 |
Taxes: 2026 federal and state rules, plus the principal city's resident income tax where it has one, standard deduction. Rent, home value and property tax: Census ACS 2024 metro-area medians. Gross rent includes tenant-paid electricity, gas, water/sewer and fuels; those basic utilities are not added again. Mortgage: Freddie Mac 30-year average (7.24%, week of October 29, 2026).
State figures for the principal state: EIA 2025 average residential power bill (buyers only), NAIC 2023 auto insurance (average per car), Census ACS 2024 homeowners insurance (median for owners with a mortgage; premiums have risen since), AAA regular gas on October 29, 2026, and the KFF 2026 benchmark silver Marketplace premium. Job-based health coverage usually costs you less, and in 2026 incomes between 100% and 400% of the federal poverty level can get a premium tax credit.
Not included: sales tax (combined state and local rates are not in our data yet), food, car payments and other spending.
Child care is not in the totals. Full-time center care for one infant averages $20,978 a year in New York and $20,978 in Albany (Child Care Aware of America, 2025 (2024 fallback for Colorado, Washington, DC and South Carolina) state averages).
Who moves from New York to Albany
About 2,777 households (4,495 people) moved from the New York metro area to the Albany metro area in 2022–2023, making Albany the #18 destination for people leaving New York among the 149 metro areas we cover. 1,564 households moved the other way. Their average adjusted gross income was $84,482.
Cost to move from New York to Albany
| Moving method (2–3 bedrooms) | Typical range |
|---|---|
| Rental truck (DIY) | $310–$600 |
| Moving container | $1,090–$2,030 |
| Full-service movers | $1,830–$4,860 |
At about 160 miles, this move is shorter than the long-distance routes these ranges are modeled on. A move this short is often priced by the hour, so quotes can come in lower.
Natural hazard risk: New York vs Albany
RelocateMath's population-weighted means of FEMA county risk scores are 96.8 for the New York area and 77.8 for the Albany area, on the county-score scale of 0–100. These means are not official FEMA metro ratings or national metro percentiles. Modeled expected yearly losses from natural hazards average $227 vs $235 per resident; individual properties can differ.
The vertical line marks county-score scale midpoint (50).
The vertical line marks county-score scale midpoint (50).
Frequently asked questions
Is Albany cheaper than New York?
Overall prices in the Albany area are 11.5% lower than in New York (BEA Regional Price Parities 2024). Median rent is $1,341 vs $1,851 a month, and the median home is $316,300 vs $648,800.
What salary do I need in Albany to match $100,000 in New York?
About $82,000 in a fixed single-filer W-2 example assuming residence inside both principal cities. It accounts for 2026 federal and principal-state taxes, modeled resident local taxes where applicable, and metro prices. Both are in New York, so state income tax is the same. This illustration stays fixed when calculator inputs change.
How much does it cost to move from New York to Albany?
For a 2–3 bedroom home over about 160 miles: roughly $310–$600 with a rental truck, $1,090–$2,030 with a container, or $1,830–$4,860 with full-service movers. A move this short is often priced by the hour, so quotes can come in lower.
How many people move from New York to Albany?
IRS county migration data for 2022–2023 show about 2,777 households (4,495 people) moved from the New York metro area to the Albany metro area, and 1,564 moved the other way.
Related
Where people from New York move
- New York to Miami 17,217 households
- New York to Philadelphia 17,010 households
- New York to Los Angeles 8,964 households
- New York to Bridgeport 8,417 households
- New York to Washington, D.C. 8,033 households
- New York to Poughkeepsie 7,773 households
- New York to Boston 7,622 households
- New York to Orlando 6,562 households
State-agency links identify the responsible tax office; they do not verify every modeled rule. Use forms and guidance for the year you are filing. Local-tax references retain their own publication or filing years. Some documents cover an earlier filing year; a source link is not a claim that every rule has just been rechecked.