| Index | Glens Falls | New York | National |
| Cost of living | 104 | 121 | 100 |
| Groceries | 104 | 106 | 100 |
| Health care | 111 | 110 | 100 |
| Housing | 88 | 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 |
Getting a feel for the cost of living in Glens Falls is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Glens Falls is 104, which is 4% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
The cost of living in Glens Falls is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Is Glens Falls affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Glens Falls, for instance, where the median home price falls 14.9% lower than the national average, and monthly rent rates are 6.1% lower than usual. Additionally, median income levels contribute to the equation, with Glens Falls flaunting a median household income of $83,559, 2.7% higher than the national norm.
Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Glens Falls, the groceries index is 3.7% higher than the national average.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Glens Falls, the transportation index is 10.9% higher than the national average.
Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Glens Falls, the housing index comes in at 12.3% lower than the national average.
The cost of living data for Glens Falls shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between 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 | $121,592 | $10,133 | $2,837 | $3,648 |
| Renters | $49,576 | $4,131 | $1,157 | $1,487 |
| 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. |
| Argyle, NY | 417 | 96 | 4.0% |
| Fort Ann, NY | 387 | 99 | 1.0% |
| Fort Edward, NY | 3,380 | 99 | 0.6% |
| Hudson Falls, NY | 7,286 | 100 | 0.1% |
| Warrensburg, NY | 3,283 | 103 | 3.4% |
| Glens Falls, NY | 14,740 | 104 | 4.0% |
| City | Population | Cost of Living Index | National Avg. |
| Falls Church, VA | 14,736 | 186 | 85.5% |
| Scottsboro, AL | 14,746 | 86 | 14.3% |
| Hartselle, AL | 14,752 | 90 | 10.1% |
| West Nipissing / Nipissing Ouest, ON | 14,724 | n/a | |
| Rio Grande City, TX | 14,759 | 85 | 14.7% |
| Glens Falls, NY | 14,740 | 104 | 4.0% |
Here are the best places to live in New York
These are the largest cities in New York
See the best places to live in Glens Falls
Safest Cities In The US