Rensselaer, NY Cost Of Living

Demographics | Cost Of Living
Updated: 2021-02-06
97
Rensselaer's Overall Cost Of Living
1.0x
Lower Than The National Average
78 out of 338
In New York
2,808 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 Rensselaer is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Rensselaer, NY?

According to the most recent data on the cost of living, Rensselaer has an overall cost of living index of 97 which is 1.0x lower than the national index of 100.

Compared to only New York, Rensselaer has a cost of living index that's 0.8x lower than New York's index of 117.

The standard of living in Rensselaer ranks as #2,809 most affordable out of the 6,522 places we measured in New York. By definition, that implies Rensselaer ranks as the #3,597 most expensive place in the Empire State.

For more reading on life in Rensselaer, check out:

Rensselaer Cost Of Living Vs. New York

Living Expense Rensselaer New York National Average
Overall 97 117 100
Services 106 108 100
Groceries 115 108 100
Health 102 101 100
Housing 78 145 100
Transportation 100 102 100
Utilities 100 97 100
For more reading on cost of living around New York, check out:
Rensselaer Cost of Living Vs. NY

Rensselaer, 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.

$143,300
Median Home Value
$965
Median Rent
$55,912
Median Income
Statistic Rensselaer New York United States
Median Home Value $143,300 $313,700 $217,500
Median Rent $965 $1,280 $1,062
Median Income $55,912 $68,486 $62,843
Home Value To Income 2.6x 4.6x 3.5x
Rent To Monthly Income 0.21x 0.22x 0.2x

Detailed Rensselaer Services Costs Vs. New York

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

Detailed Rensselaer Groceries Costs Vs. New York

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

Detailed Rensselaer Health Costs Vs. New York

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

Detailed Rensselaer Transportation Costs Vs. New York

Item Rensselaer 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 Rensselaer Utilities Costs Vs. New York

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

Rensselaer SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8
Affordability
8
Diversity
8
Safety
N/A
Amenities
8.5
Education
8
Commute
8

Cost Of Living In Cities Around Rensselaer

City Population Cost Of Living Vs. Rensselaer
Albany, NY 97,478 102 1.1x
Troy, NY 49,458 98 1.0x
Rotterdam, NY 20,018 100 1.0x
Cohoes, NY 16,684 99 1.0x
Watervliet, NY 10,050 98 1.0x
Colonie, NY 7,737 108 1.1x
Scotia, NY 7,667 97 1.0x
Westmere, NY 6,933 111 1.1x
East Glenville, NY 6,259 106 1.1x
Mechanicville, NY 5,107 99 1.0x

Articles About New York

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