Colonie, NY Cost Of Living

Demographics | Cost Of Living
Updated: 2021-02-06
108
Colonie's Overall Cost Of Living
1.1x
Higher Than The National Average
103 out of 338
In New York
3,964 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Colonie is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Colonie, NY?

According to the most recent data on the cost of living, Colonie has an overall cost of living index of 108 which is 1.1x higher than the national index of 100.

Compared to only New York, Colonie has a cost of living index that's 0.9x lower than New York's index of 117.

The standard of living in Colonie ranks as #3,965 most affordable out of the 6,522 places we measured in New York. By definition, that implies Colonie ranks as the #2,441 most expensive place in the Empire State.

For more reading on life in Colonie, check out:

Colonie Cost Of Living Vs. New York

Living Expense Colonie New York National Average
Overall 108 117 100
Services 106 108 100
Groceries 115 108 100
Health 102 101 100
Housing 112 145 100
Transportation 100 102 100
Utilities 100 97 100
For more reading on cost of living around New York, check out:
Colonie Cost of Living Vs. NY

Colonie, NY Housing Cost Breakdown

Housing swings affordability the most between places in New York, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$217,600
Median Home Value
$1,262
Median Rent
$88,281
Median Income
Statistic Colonie New York United States
Median Home Value $217,600 $313,700 $217,500
Median Rent $1,262 $1,280 $1,062
Median Income $88,281 $68,486 $62,843
Home Value To Income 2.5x 4.6x 3.5x
Rent To Monthly Income 0.17x 0.22x 0.2x

Detailed Colonie Services Costs Vs. New York

Item Colonie New York
Shampoo $0.94 $1.01
Movie $13.4 $10.72
Bowling $15.75 $13.86

Detailed Colonie Groceries Costs Vs. New York

Item Colonie New York
Ground Beef $4.51 $3.9
Fried Chicken $1.41 $1.4
Milk $2.09 $1.96

Detailed Colonie Health Costs Vs. New York

Item Colonie New York
Haircut $21.5 $17.49
Beauty Salon $43.5 $38.17
Toothpaste $2.34 $2.32

Detailed Colonie Transportation Costs Vs. New York

Item Colonie New York
Potatoes $3.99 $3.18
Pizza $10.57 $10.39
Beer $9.99 $9.23
Optometrist $143.0 $106.34
Doctor $114.16 $115.25
Dentist $98.0 $98.38

Detailed Colonie Utilities Costs Vs. New York

Item Colonie New York
Gasoline $2.74 $2.59
Tire Balancing $45.73 $48.9
All Electricity $164.78 $167.6
Phone $185.38 $163.42

Colonie SnackAbility

7.5
/10
Overall SnackAbility
Jobs
9/10
Housing
8.5
Affordability
8
Diversity
8
Safety
8
Amenities
8.5
Education
8
Commute
8.5

Cost Of Living In Cities Around Colonie

City Population Cost Of Living Vs. Colonie
Albany, NY 97,478 102 0.9x
Schenectady, NY 65,334 95 0.9x
Rotterdam, NY 20,018 100 0.9x
Cohoes, NY 16,684 99 0.9x
Watervliet, NY 10,050 98 0.9x
Rensselaer, NY 9,259 97 0.9x
Scotia, NY 7,667 97 0.9x
Westmere, NY 6,933 111 1.0x
East Glenville, NY 6,259 106 1.0x
Ballston Spa, NY 5,399 107 1.0x

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