Cohoes, NY Cost Of Living
Cost Of Living In Cohoes, NY Summary
Cost of living in Cohoes 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 Cohoes 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 Cohoes is 99, with 100 being the average.
The cost of living index in Cohoes is 1.0x lower than the national average.
Cohoes ranks as the #80 cheapest in New York out of 341.
Cohoes ranks as the #2,497 cheapest out of 6,489 in the US.
The median home value in Cohoes is $329,365.
The median income in Cohoes is $62,111.
Table Of Contents
Cohoes's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Cohoes, NY?
According to the most recent data on the cost of living, Cohoes has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to New York, Cohoes has a cost of living index that's 0.8x lower than New York's index of 119.
The standard of living in Cohoes ranks as #80 most affordable out of the 341 places we measured in New York. By definition, that implies Cohoes ranks as the #261 most expensive place in the Empire State.
For more reading on life in Cohoes, check out:
In New York
In America
Cohoes Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Cohoes. Here is how it fairs on each of the criteria:
The Services index in Cohoes is 106.
The Groceries index in Cohoes is 105.
The Health index in Cohoes is 95.
The Housing index in Cohoes is 96.
The Transportation index in Cohoes is 95.
The Utilities index in Cohoes is 100.
| Living Expense | Cohoes | New York | National Average | |
|---|---|---|---|---|
| Overall | 99 | 119 | 100 | |
| Services | 106 | 110 | 100 | |
| Groceries | 105 | 103 | 100 | |
| Health | 95 | 101 | 100 | |
| Housing | 96 | 145 | 100 | |
| Transportation | 95 | 105 | 100 | |
| Utilities | 100 | 99 | 100 | |
Cohoes, 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 Cohoes is $329,365.
The Median Rent in Cohoes is $1,179.
The Median Income in Cohoes is $62,111.
The Home Value To Income in Cohoes is 5.3x.
The Rent To Monthly Income in Cohoes is 0.23x.
Median Home Value
Median Rent
Median Income
Cohoes, NY Costs By Category
Detailed Cohoes Services Costs Vs. New York
Detailed Cohoes Groceries Costs Vs. New York
Detailed Cohoes Health Costs Vs. New York
Detailed Cohoes Transportation Costs Vs. New York
Detailed Cohoes Utilities Costs Vs. New York
Cohoes SnackAbility
/10
Cost Of Living In Cities Around Cohoes
The cost of living varies in the cities and towns around Cohoes. Here's a quick look at the cost of living in the most populous nearby places:
Albany, NY has a cost of living index of 101, 1.0x Cohoes.
Troy, NY has a cost of living index of 100, 1.0x Cohoes.
Rotterdam, NY has a cost of living index of 102, 1.0x Cohoes.
| City | Population | Cost Of Living | Vs. Cohoes |
|---|---|---|---|
| Albany, NY | 100,081 | 101 | 1.0x |
| Troy, NY | 51,054 | 100 | 1.0x |
| Rotterdam, NY | 22,798 | 102 | 1.0x |
| Niskayuna, NY | 20,774 | 115 | 1.2x |
| East Glenville, NY | 11,399 | 107 | 1.1x |
| Watervliet, NY | 10,285 | 100 | 1.0x |
| Rensselaer, NY | 9,247 | 100 | 1.0x |
| Colonie, NY | 7,705 | 109 | 1.1x |
| Westmere, NY | 7,616 | 113 | 1.1x |
| Scotia, NY | 7,260 | 98 | 1.0x |
