Table of Contents
- 1 Is Albany NY A good place to retire?
- 2 Is it good to live in Albany?
- 3 Whats it like to live in Albany?
- 4 How much does it cost to live in Albany NY?
- 5 How much do you need to live comfortably in Albany NY?
- 6 How safe is it to live in Albany New York?
- 7 How much money do you need to live comfortably in Albany NY?
Is Albany NY A good place to retire?
U.S. News reported Albany has a better value for housing costs, a healthier job market, a lower unemployment rate, and a lower crime rate than the national average. Albany is also ranked 45th best place to live in the United States and 56th best place to retire.
Is it good to live in Albany?
Albany ranks as best place to live in New York. On the strength of a good job market and high quality of life, U.S. News & World Report ranked the Albany, New York, metro area the 36th best place to live in the country. Albany’s score was dragged down by lower desirability and net migration.
Is Albany a good city to live in?
Albany is a great place to live if you like four seasons of weather, Albany has many good colleges within eight miles or so and three good colleges within the city limits. There are many things to do from swimming to skiing depending on the season.
Whats it like to live in Albany?
Living in Albany offers residents an urban suburban mix feel and most residents rent their homes. In Albany there are a lot of bars, restaurants, coffee shops, and parks. Many young professionals live in Albany and residents tend to lean liberal.
How much does it cost to live in Albany NY?
Albany cost of living is 94.6
| COST OF LIVING | Albany | New York |
|---|---|---|
| Health | 99.7 | 105.8 |
| Housing | 79.7 | 132.1 |
| Median Home Cost | $238,800 | $373,000 |
| Utilities | 110 | 115.9 |
Is Albany expensive?
Albany, New York’s cost of living is 9\% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
How much do you need to live comfortably in Albany NY?
Living Wage Calculation for Albany County, New York
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Living Wage | $15.12 | $34.53 |
| Poverty Wage | $6.13 | $14.75 |
| Minimum Wage | $11.80 | $11.80 |
How safe is it to live in Albany New York?
With a crime rate of 38 per one thousand residents, Albany has one of the highest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities. One’s chance of becoming a victim of either violent or property crime here is one in 26.
What is a good salary in Albany NY?
Top Salary in Albany, NY
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $147,658 | $71 |
| 75th Percentile | $97,454 | $47 |
| Average | $69,036 | $33 |
| 25th Percentile | $40,852 | $20 |
How much money do you need to live comfortably in Albany NY?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Other | $3,078 | $6,665 |
| Required annual income after taxes | $24,701 | $75,150 |
| Annual taxes | $6,745 | $20,111 |