Looking for a fresh start in a new Albany neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Albany for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 6,728
-12%
Cost of Living Index 92 vs 104
12% lower than Albany
Population 465
-10%
Cost of Living Index 94 vs 104
10% lower than Albany
Population 1,893
-8%
Cost of Living Index 96 vs 104
8% lower than Albany
Population 949
-7%
Cost of Living Index 97 vs 104
7% lower than Albany
Population 7,269
-6%
Cost of Living Index 98 vs 104
6% lower than Albany
Population 12,406
-4%
Cost of Living Index 100 vs 104
4% lower than Albany
Population 1,711
-1%
Cost of Living Index 103 vs 104
1% lower than Albany
Population 913
-1%
Cost of Living Index 104 vs 104
1% lower than Albany
Population 3,174
0%
Cost of Living Index 105 vs 104
equal to Albany
Population 1,674
1%
Cost of Living Index 105 vs 104
1% higher than Albany
Is This the Right Place for You? Local Insights Report
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Local Insights Report