Cost of living in Amsterdam research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Amsterdam is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Amsterdam is 91, with 100 being the average.
The cost of living index in Amsterdam is 0.9x lower than the national average.
Amsterdam ranks as the #43 cheapest in New York out of 341.
Amsterdam ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Amsterdam is $231,680.
The median income in Amsterdam is $50,193.
According to the most recent data on the cost of living, Amsterdam has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to New York, Amsterdam has a cost of living index that's 0.8x lower than New York's index of 119.
The standard of living in Amsterdam ranks as #43 most affordable out of the 341 places we measured in New York. By definition, that implies Amsterdam ranks as the #298 most expensive place in the Empire State.
For more reading on life in Amsterdam, check out:
Six factors go into calculating the cost of living index in Amsterdam. Here is how it fairs on each of the criteria:
The Services index in Amsterdam is 107.
The Groceries index in Amsterdam is 102.
The Health index in Amsterdam is 95.
The Housing index in Amsterdam is 59.
The Transportation index in Amsterdam is 95.
The Utilities index in Amsterdam is 102.
| Living Expense | Amsterdam | New York | National Average | |
|---|---|---|---|---|
| Overall | 91 | 119 | 100 | |
| Services | 107 | 110 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 95 | 101 | 100 | |
| Housing | 59 | 145 | 100 | |
| Transportation | 95 | 105 | 100 | |
| Utilities | 102 | 99 | 100 | |
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Amsterdam is $231,680.
The Median Rent in Amsterdam is $955.
The Median Income in Amsterdam is $50,193.
The Home Value To Income in Amsterdam is 4.6x.
The Rent To Monthly Income in Amsterdam is 0.23x.
The cost of living varies in the cities and towns around Amsterdam. Here's a quick look at the cost of living in the most populous nearby places:
Schenectady, NY has a cost of living index of 95, 1.0x Amsterdam.
Rotterdam, NY has a cost of living index of 102, 1.1x Amsterdam.
Niskayuna, NY has a cost of living index of 115, 1.3x Amsterdam.
| City | Population | Cost Of Living | Vs. Amsterdam |
|---|---|---|---|
| Schenectady, NY | 68,521 | 95 | 1.0x |
| Rotterdam, NY | 22,798 | 102 | 1.1x |
| Niskayuna, NY | 20,774 | 115 | 1.3x |
| Gloversville, NY | 15,010 | 89 | 1.0x |
| East Glenville, NY | 11,399 | 107 | 1.2x |
| Johnstown, NY | 8,153 | 92 | 1.0x |
| Scotia, NY | 7,260 | 98 | 1.1x |
| Milton, PA | 6,582 | 92 | 1.0x |
| Ballston Spa, NY | 5,080 | 109 | 1.2x |