Amsterdam, NY Cost Of Living
Cost Of Living In Amsterdam, NY Summary
Cost of living in Amsterdam 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 Amsterdam 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 Amsterdam is 93, with 100 being the average.
The cost of living index in Amsterdam is 0.9x lower than the national average.
Amsterdam ranks as the #59 cheapest in New York out of 340.
Amsterdam ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Amsterdam is $92,900.
The median income in Amsterdam is $43,164.
Table Of Contents
Amsterdam's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Amsterdam, NY?
According to the most recent data on the cost of living, Amsterdam has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to New York, Amsterdam has a cost of living index that's 0.7x lower than New York's index of 126.
The standard of living in Amsterdam ranks as #59 most affordable out of the 340 places we measured in New York. By definition, that implies Amsterdam ranks as the #281 most expensive place in the Empire State.
For more reading on life in Amsterdam, check out:
- Living In Amsterdam
- Amsterdam Crime Report
- Search Homes For Sale In Amsterdam, NY
In New York
In America
Amsterdam Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Amsterdam. Here is how it fairs on each of the criteria:
The Services index in Amsterdam is 111.
The Groceries index in Amsterdam is 113.
The Health index in Amsterdam is 105.
The Housing index in Amsterdam is 54.
The Transportation index in Amsterdam is 104.
The Utilities index in Amsterdam is 100.
| Living Expense | Amsterdam | New York | National Average | |
|---|---|---|---|---|
| Overall | 93 | 126 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 113 | 104 | 100 | |
| Health | 105 | 105 | 100 | |
| Housing | 54 | 175 | 100 | |
| Transportation | 104 | 107 | 100 | |
| Utilities | 100 | 102 | 100 | |
Amsterdam, 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 2017-2021. The key points are:
The Median Home Value in Amsterdam is $92,900.
The Median Rent in Amsterdam is $832.
The Median Income in Amsterdam is $43,164.
The Home Value To Income in Amsterdam is 2.2x.
The Rent To Monthly Income in Amsterdam is 0.23x.
| Statistic | Amsterdam | New York | United States |
|---|---|---|---|
| Median Home Value | $92,900 | $340,600 | $244,900 |
| Median Rent | $832 | $1,390 | $1,163 |
| Median Income | $43,164 | $75,157 | $69,021 |
| Home Value To Income | 2.2x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Amsterdam, NY Costs By Category
Detailed Amsterdam Services Costs Vs. New York
Detailed Amsterdam Groceries Costs Vs. New York
Detailed Amsterdam Health Costs Vs. New York
Detailed Amsterdam Transportation Costs Vs. New York
Detailed Amsterdam Utilities Costs Vs. New York
Amsterdam SnackAbility
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Cost Of Living In Cities Around Amsterdam
The cost of living varies in the cities and towns around Amsterdam. Here's a quick look at the cost of living in the most populous nearby places:
Schenectady, NY has a cost of living index of 97, 1.0x Amsterdam.
Rotterdam, NY has a cost of living index of 104, 1.1x Amsterdam.
Niskayuna, NY has a cost of living index of 110, 1.2x Amsterdam.
| City | Population | Cost Of Living | Vs. Amsterdam |
|---|---|---|---|
| Schenectady, NY | 66,809 | 97 | 1.0x |
| Rotterdam, NY | 22,584 | 104 | 1.1x |
| Niskayuna, NY | 20,369 | 110 | 1.2x |
| Gloversville, NY | 15,211 | 91 | 1.0x |
| East Glenville, NY | 11,687 | 109 | 1.2x |
| Johnstown, NY | 8,247 | 95 | 1.0x |
| Scotia, NY | 7,305 | 98 | 1.1x |
| Milton, PA | 6,641 | 91 | 1.0x |
| Ballston Spa, NY | 5,510 | 106 | 1.1x |
