Cohoes, NY Cost Of Living
Cost Of Living In Cohoes, NY Summary
Cost of living in Cohoes 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 Cohoes 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 Cohoes is 101, with 100 being the average.
The cost of living index in Cohoes is 1.0x higher than the national average.
Cohoes ranks as the #91 cheapest in New York out of 340.
Cohoes ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Cohoes is $177,300.
The median income in Cohoes is $58,669.
Table Of Contents
Cohoes's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cohoes, NY?
According to the most recent data on the cost of living, Cohoes has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to New York, Cohoes has a cost of living index that's 0.8x lower than New York's index of 126.
The standard of living in Cohoes ranks as #91 most affordable out of the 340 places we measured in New York. By definition, that implies Cohoes ranks as the #249 most expensive place in the Empire State.
For more reading on life in Cohoes, check out:
- Living In Cohoes
- Cohoes Crime Report
- Search Homes For Sale In Cohoes, NY
In New York
In America
Cohoes Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Cohoes. Here is how it fairs on each of the criteria:
The Services index in Cohoes is 110.
The Groceries index in Cohoes is 111.
The Health index in Cohoes is 104.
The Housing index in Cohoes is 85.
The Transportation index in Cohoes is 106.
The Utilities index in Cohoes is 102.
| Living Expense | Cohoes | New York | National Average | |
|---|---|---|---|---|
| Overall | 101 | 126 | 100 | |
| Services | 110 | 110 | 100 | |
| Groceries | 111 | 104 | 100 | |
| Health | 104 | 105 | 100 | |
| Housing | 85 | 175 | 100 | |
| Transportation | 106 | 107 | 100 | |
| Utilities | 102 | 102 | 100 | |
Cohoes, 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 Cohoes is $177,300.
The Median Rent in Cohoes is $1,046.
The Median Income in Cohoes is $58,669.
The Home Value To Income in Cohoes is 3.0x.
The Rent To Monthly Income in Cohoes is 0.21x.
| Statistic | Cohoes | New York | United States |
|---|---|---|---|
| Median Home Value | $177,300 | $340,600 | $244,900 |
| Median Rent | $1,046 | $1,390 | $1,163 |
| Median Income | $58,669 | $75,157 | $69,021 |
| Home Value To Income | 3.0x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Cohoes, NY Costs By Category
Detailed Cohoes Services Costs Vs. New York
Detailed Cohoes Groceries Costs Vs. New York
Detailed Cohoes Health Costs Vs. New York
Detailed Cohoes Transportation Costs Vs. New York
Detailed Cohoes Utilities Costs Vs. New York
Cohoes SnackAbility
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Cost Of Living In Cities Around Cohoes
The cost of living varies in the cities and towns around Cohoes. 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 104, 1.0x Cohoes.
Troy, NY has a cost of living index of 101, 1.0x Cohoes.
Rotterdam, NY has a cost of living index of 104, 1.0x Cohoes.
| City | Population | Cost Of Living | Vs. Cohoes |
|---|---|---|---|
| Albany, NY | 99,402 | 104 | 1.0x |
| Troy, NY | 50,717 | 101 | 1.0x |
| Rotterdam, NY | 22,584 | 104 | 1.0x |
| Niskayuna, NY | 20,369 | 110 | 1.1x |
| East Glenville, NY | 11,687 | 109 | 1.1x |
| Watervliet, NY | 10,363 | 97 | 1.0x |
| Rensselaer, NY | 9,330 | 100 | 1.0x |
| Colonie, NY | 7,792 | 107 | 1.1x |
| Westmere, NY | 7,730 | 111 | 1.1x |
| Scotia, NY | 7,305 | 98 | 1.0x |
