Ballston Spa, NY Cost Of Living
Cost Of Living In Ballston Spa, NY Summary
Cost of living in Ballston Spa 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 Ballston Spa 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 Ballston Spa is 109, with 100 being the average.
The cost of living index in Ballston Spa is 1.1x higher than the national average.
Ballston Spa ranks as the #107 cheapest in New York out of 341.
Ballston Spa ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in Ballston Spa is $415,875.
The median income in Ballston Spa is $82,341.
Table Of Contents
Ballston Spa's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Ballston Spa, NY?
According to the most recent data on the cost of living, Ballston Spa has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to New York, Ballston Spa has a cost of living index that's 0.9x lower than New York's index of 119.
The standard of living in Ballston Spa ranks as #107 most affordable out of the 341 places we measured in New York. By definition, that implies Ballston Spa ranks as the #234 most expensive place in the Empire State.
For more reading on life in Ballston Spa, check out:
In New York
In America
Ballston Spa Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Ballston Spa. Here is how it fairs on each of the criteria:
The Services index in Ballston Spa is 108.
The Groceries index in Ballston Spa is 102.
The Health index in Ballston Spa is 94.
The Housing index in Ballston Spa is 122.
The Transportation index in Ballston Spa is 98.
The Utilities index in Ballston Spa is 102.
| Living Expense | Ballston Spa | New York | National Average | |
|---|---|---|---|---|
| Overall | 109 | 119 | 100 | |
| Services | 108 | 110 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 94 | 101 | 100 | |
| Housing | 122 | 145 | 100 | |
| Transportation | 98 | 105 | 100 | |
| Utilities | 102 | 99 | 100 | |
Ballston Spa, NY Housing Cost Breakdown
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 Ballston Spa is $415,875.
The Median Rent in Ballston Spa is $1,075.
The Median Income in Ballston Spa is $82,341.
The Home Value To Income in Ballston Spa is 5.1x.
The Rent To Monthly Income in Ballston Spa is 0.16x.
| Statistic | Ballston Spa | New York | United States |
|---|---|---|---|
| Median Home Value | $415,875 | $508,764 | $303,400 |
| Median Rent | $1,075 | $1,576 | $1,348 |
| Median Income | $82,341 | $84,578 | $78,538 |
| Home Value To Income | 5.1x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Ballston Spa, NY Costs By Category
Detailed Ballston Spa Services Costs Vs. New York
| Item | Ballston Spa | New York |
|---|---|---|
| Shampoo | $1.28 | $1.28 |
| Movie | $13.08 | $12.13 |
| Bowling | $15.96 | $18 |
| Haircut | $28.28 | $24.26 |
| Beauty Salon | $51.36 | $45.56 |
Detailed Ballston Spa Groceries Costs Vs. New York
| Item | Ballston Spa | New York |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.6 | $1.57 |
| Milk | $4.85 | $4.67 |
| Potatoes | $5.09 | $4.93 |
| Pizza | $14.69 | $12.09 |
| Beer | $10.9 | $10.41 |
| Toothpaste | $3.74 | $3.7 |
Detailed Ballston Spa Health Costs Vs. New York
| Item | Ballston Spa | New York |
|---|---|---|
| Optometrist | $132.47 | $125.68 |
| Doctor | $111.33 | $135.78 |
| Dentist | $111.69 | $113.29 |
Detailed Ballston Spa Transportation Costs Vs. New York
| Item | Ballston Spa | New York |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $50.33 | $59.92 |
Detailed Ballston Spa Utilities Costs Vs. New York
| Item | Ballston Spa | New York |
|---|---|---|
| All Electricity | $196.7 | $193.99 |
| Phone | $195.71 | $192.25 |
Ballston Spa SnackAbility
/10
Cost Of Living In Cities Around Ballston Spa
The cost of living varies in the cities and towns around Ballston Spa. 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, 0.9x Ballston Spa.
Saratoga Springs, NY has a cost of living index of 126, 1.2x Ballston Spa.
Rotterdam, NY has a cost of living index of 102, 0.9x Ballston Spa.
| City | Population | Cost Of Living | Vs. Ballston Spa |
|---|---|---|---|
| Schenectady, NY | 68,521 | 95 | 0.9x |
| Saratoga Springs, NY | 28,542 | 126 | 1.2x |
| Rotterdam, NY | 22,798 | 102 | 0.9x |
| Niskayuna, NY | 20,774 | 115 | 1.1x |
| Cohoes, NY | 18,043 | 99 | 0.9x |
| East Glenville, NY | 11,399 | 107 | 1.0x |
| Colonie, NY | 7,705 | 109 | 1.0x |
| Scotia, NY | 7,260 | 98 | 0.9x |
| Milton, PA | 6,582 | 92 | 0.8x |
| Country Knolls, NY | 5,587 | 122 | 1.1x |
