Cost of Living in Albion, NY

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A+
7%
Overall NAT. AVG.
9%
Groceries NAT. AVG.
50%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Albion New York National
Cost of living93121100
Groceries109106100
Health care115110100
Housing50144100
Transportation112113100
Utilities113112100
Lifestyle & Entertainment110111100
Household Items107106100
Education & Childcare116118100
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Homes For Sale In Albion, NY

property for sale

3859 Gaines Basin Rd

Albion, NY
property for sale

45 Heritage Ests

Albion, NY
property for sale

Maple St

Albion, NY
property for sale

6 Redwood Dr

Albion, NY

Cost Of Living Quick Facts

  • The cost of living in Albion is 23% lower than the New York average
  • The cost of living in Albion is 7% lower than the national average
  • Albion housing is 50% lower than the national average
  • New York general sales tax is 22% lower than the national average
  • New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Albion

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$61,258$5,105$1,429$1,838
      Renters$51,298$4,275$1,197$1,539
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Albion, NY, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Albion homeowners, is $61,258. This would allow for a maximum of $1,429 per month to be spent on housing costs. For renters, the median monthly income is $51,298 which would result in a maximum of $1,197 to be spent on rental costs.

      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% 10.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Middleport, NY1,932946.4%
      Lyndonville, NY781946.2%
      Medina, NY6,039945.8%
      Holley, NY1,915954.9%
      Oakfield, NY1,723963.7%
      Albion, NY5,825936.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Saint-Boniface, QC5,825n/a 
      Montrose-Ghent, OH5,82312827.9%
      Groveport, OH5,828973.2%
      Hollidaysburg, PA5,828964.3%
      Kayenta, AZ5,8218019.7%
      Albion, NY5,825936.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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