| Index | Amsterdam | New York | National |
| Cost of living | 95 | 121 | 100 |
| Groceries | 104 | 106 | 100 |
| Health care | 111 | 110 | 100 |
| Housing | 59 | 144 | 100 |
| Transportation | 111 | 113 | 100 |
| Utilities | 111 | 112 | 100 |
| Lifestyle & Entertainment | 115 | 111 | 100 |
| Household Items | 109 | 106 | 100 |
| Education & Childcare | 124 | 118 | 100 |
The cost of living in Amsterdam affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Amsterdam is 95, which is 5% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
In Amsterdam, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Amsterdam will resemble that of an average city, contributing to a manageable cost of living.
Housing expenses often consume a significant portion of your net income, occasionally surpassing 30%. Fortunately, housing costs in Amsterdam are 41.2% below the national average. This highlights the region's exceptional affordability for both homeownership and rentals in comparison to the rest of the country. This favorable housing situation allows residents to allocate a more reasonable fraction of their income to housing, resulting in enhanced financial flexibility and improved overall financial well-being.
Is Amsterdam an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Amsterdam, the median home price is 50.7% lower than what most folks pay across the country, and monthly rent prices are 19% lower than the usual rates. Income levels in Amsterdam come in at $61,834, which is 24% lower than the national average.
Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Amsterdam, the general sales tax rate starts at 4%, and income tax rates begin at 4%.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Amsterdam, healthcare costs are 11.4% higher than the national average.
Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.
The cost of living estimates displayed for Amsterdam are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $87,488 | $7,291 | $2,041 | $2,625 |
| Renters | $39,136 | $3,261 | $913 | $1,174 |
| State | General Sales Tax | With Max Surtax |
| New York | 4% | 8.875% |
| State | Income Tax (Low) | Income Tax (High) |
| New York | 4% | 10.9% |
| City | Population | Cost of Living Index | National Avg. |
| Gloversville, NY | 15,335 | 94 | 6.3% |
| Fonda, NY | 747 | 94 | 6.1% |
| Caroga Lake, NY | 419 | 94 | 5.8% |
| Fultonville, NY | 628 | 98 | 2.2% |
| Johnstown, NY | 8,431 | 98 | 2.1% |
| Amsterdam, NY | 18,359 | 95 | 4.6% |
| City | Population | Cost of Living Index | National Avg. |
| Elizabeth City, NC | 18,364 | 100 | 0.4% |
| Portland, TX | 18,353 | 104 | 4.3% |
| Cary, IL | 18,372 | 111 | 10.9% |
| West Columbia, SC | 18,344 | 96 | 3.9% |
| Logansport, IN | 18,342 | 82 | 18.0% |
| Amsterdam, NY | 18,359 | 95 | 4.6% |
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