New Scotland, Albany, NY Cost Of Living

New Scotland cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	New Scotland	Albany	New York
Cost of living index	106	101	119
Index	New Scotland	Albany	New York
Goods & Services index	105	105	109
Groceries index	108	108	108
Health care index	99	99	99
Housing index	109	93	145
Transportation index	105	105	108
Utilities index	98	98	102

Did you know?

The cost of living in New Scotland is 11% lower than the Albany average.
The cost of living in New Scotland is 6% higher than the national average.
The cost of housing in New Scotland is 9% higher than the national average.
New York general sales tax is 21% lower than the national average.
New York state income tax is 80% higher than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$76,674	$6,390	$1,789	$2,300

New York Sales Tax

State	General Sales Tax	With Max Surtax
New York	4%	8.875%

New York Income Tax

State	Income Tax (Low)	Income Tax (High)
New York	4%	8.82%

Goods & Services

Item	Albany	National avg.	Difference
Haircut	$19.11	$16.09	18.8%
Beauty Salon	$30.79	$37.33	17.5%
Toothpaste	$2.86	$2.45	17.0%
Shampoo	$1.14	$1.00	14.3%
Movie	$12.14	$10.28	18.1%
Bowling	$4.11	$4.93	16.7%

Groceries

Item	Albany	National avg.	Difference
Ground Beef	$4.56	$3.80	20.0%
Fried Chicken	$1.40	$1.40	0.5%
Milk	$2.32	$2.01	15.4%
Potatoes	$3.72	$3.01	23.7%
Pizza	$8.59	$9.89	13.1%
Beer	$9.86	$8.90	10.8%

Health Care

Item	Albany	National avg.	Difference
Optometrist	$99.72	$102.16	2.4%
Doctor	$102.72	$108.36	5.2%
Dentist	$93.90	$92.53	1.5%
Ibuprofen	$9.41	$9.28	1.5%
Lipitor	$425.19	$425.82	0.1%

Housing

Item	Albany	National avg.	Difference
Home Price	$172,700.00	$184,700.00	6.5%
Avg. Mortgage Payment	$1,412.96	$1,202.44	17.5%
Apartment Rent	$875.00	$949.00	7.8%

Transportation

Item	Albany	National avg.	Difference
Gasoline	$2.35	$2.24	4.6%
Tire Balancing	$48.83	$46.29	5.5%

Utilities

Item	Albany	National avg.	Difference
All Electricity	$149.27	$165.96	10.1%
Phone	$31.34	$28.68	9.3%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Schenectady, NY	65,554	93	-7%
Green Island, NY	2,613	94	-6%
Scotia, NY	7,732	96	-4%
Rensselaer, NY	9,435	96	-4%
Watervliet, NY	10,207	97	-3%
Albany, NY	98,425	101	1%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Renton, WA	98,499	139	39%
Vista, CA	98,560	134	34%
San Angelo, TX	98,694	90	-10%
Davie, FL	98,717	110	10%
Flint, MI	98,918	79	-21%
Albany, NY	98,425	101	1%

Source: The New Scotland, Albany, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

New Scotland, Albany, NY Cost of Living