Glens Falls, NY Cost Of Living
Cost Of Living In Glens Falls, NY Summary
Cost of living in Glens Falls 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 Glens Falls 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 Glens Falls is 96, with 100 being the average.
The cost of living index in Glens Falls is 1.0x lower than the national average.
Glens Falls ranks as the #70 cheapest in New York out of 341.
Glens Falls ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Glens Falls is $264,073.
The median income in Glens Falls is $70,089.
Table Of Contents
Glens Falls's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Glens Falls, NY?
According to the most recent data on the cost of living, Glens Falls has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to New York, Glens Falls has a cost of living index that's 0.8x lower than New York's index of 119.
The standard of living in Glens Falls ranks as #70 most affordable out of the 341 places we measured in New York. By definition, that implies Glens Falls ranks as the #271 most expensive place in the Empire State.
For more reading on life in Glens Falls, check out:
In New York
In America
Glens Falls Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Glens Falls. Here is how it fairs on each of the criteria:
The Services index in Glens Falls is 107.
The Groceries index in Glens Falls is 103.
The Health index in Glens Falls is 94.
The Housing index in Glens Falls is 89.
The Transportation index in Glens Falls is 98.
The Utilities index in Glens Falls is 103.
| Living Expense | Glens Falls | New York | National Average | |
|---|---|---|---|---|
| Overall | 96 | 119 | 100 | |
| Services | 107 | 110 | 100 | |
| Groceries | 103 | 103 | 100 | |
| Health | 94 | 101 | 100 | |
| Housing | 89 | 145 | 100 | |
| Transportation | 98 | 105 | 100 | |
| Utilities | 103 | 99 | 100 | |
Glens Falls, 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 Glens Falls is $264,073.
The Median Rent in Glens Falls is $1,050.
The Median Income in Glens Falls is $70,089.
The Home Value To Income in Glens Falls is 3.8x.
The Rent To Monthly Income in Glens Falls is 0.18x.
| Statistic | Glens Falls | New York | United States |
|---|---|---|---|
| Median Home Value | $264,073 | $508,764 | $303,400 |
| Median Rent | $1,050 | $1,576 | $1,348 |
| Median Income | $70,089 | $84,578 | $78,538 |
| Home Value To Income | 3.8x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Glens Falls, NY Costs By Category
Detailed Glens Falls Services Costs Vs. New York
| Item | Glens Falls | 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 Glens Falls Groceries Costs Vs. New York
| Item | Glens Falls | 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 Glens Falls Health Costs Vs. New York
| Item | Glens Falls | New York |
|---|---|---|
| Optometrist | $132.47 | $125.68 |
| Doctor | $111.33 | $135.78 |
| Dentist | $111.69 | $113.29 |
Detailed Glens Falls Transportation Costs Vs. New York
| Item | Glens Falls | New York |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $50.33 | $59.92 |
Detailed Glens Falls Utilities Costs Vs. New York
| Item | Glens Falls | New York |
|---|---|---|
| All Electricity | $196.7 | $193.99 |
| Phone | $195.71 | $192.25 |
Glens Falls SnackAbility
/10
Cost Of Living In Cities Around Glens Falls
The cost of living varies in the cities and towns around Glens Falls. 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, 1.1x Glens Falls.
Saratoga Springs, NY has a cost of living index of 126, 1.3x Glens Falls.
Niskayuna, NY has a cost of living index of 115, 1.2x Glens Falls.
| City | Population | Cost Of Living | Vs. Glens Falls |
|---|---|---|---|
| Albany, NY | 100,081 | 101 | 1.1x |
| Saratoga Springs, NY | 28,542 | 126 | 1.3x |
| Niskayuna, NY | 20,774 | 115 | 1.2x |
| Cohoes, NY | 18,043 | 99 | 1.0x |
| West Glens Falls, NY | 9,967 | 109 | 1.1x |
| Rensselaer, NY | 9,247 | 100 | 1.0x |
| Glens Falls North, NY | 9,148 | 109 | 1.1x |
| Colonie, NY | 7,705 | 109 | 1.1x |
| Westmere, NY | 7,616 | 113 | 1.2x |
| Hudson Falls, NY | 7,401 | 95 | 1.0x |
