Cost of living in Niskayuna 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 Niskayuna 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 Niskayuna is 110, with 100 being the average.
The cost of living index in Niskayuna is 1.1x higher than the national average.
Niskayuna ranks as the #110 cheapest in New York out of 340.
Niskayuna ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Niskayuna is $284,400.
The median income in Niskayuna is $116,148.
According to the most recent data on the cost of living, Niskayuna has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to New York, Niskayuna has a cost of living index that's 0.9x lower than New York's index of 126.
The standard of living in Niskayuna ranks as #110 most affordable out of the 340 places we measured in New York. By definition, that implies Niskayuna ranks as the #230 most expensive place in the Empire State.
For more reading on life in Niskayuna, check out:
Six factors go into calculating the cost of living index in Niskayuna. Here is how it fairs on each of the criteria:
The Services index in Niskayuna is 107.
The Groceries index in Niskayuna is 112.
The Health index in Niskayuna is 102.
The Housing index in Niskayuna is 115.
The Transportation index in Niskayuna is 105.
The Utilities index in Niskayuna is 99.
Living Expense | Niskayuna | New York | National Average | |
---|---|---|---|---|
Overall | 110 | 126 | 100 | |
Services | 107 | 110 | 100 | |
Groceries | 112 | 104 | 100 | |
Health | 102 | 105 | 100 | |
Housing | 115 | 175 | 100 | |
Transportation | 105 | 107 | 100 | |
Utilities | 99 | 102 | 100 |
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 Niskayuna is $284,400.
The Median Rent in Niskayuna is $1,367.
The Median Income in Niskayuna is $116,148.
The Home Value To Income in Niskayuna is 2.4x.
The Rent To Monthly Income in Niskayuna is 0.14x.
Statistic | Niskayuna | New York | United States |
---|---|---|---|
Median Home Value | $284,400 | $340,600 | $244,900 |
Median Rent | $1,367 | $1,390 | $1,163 |
Median Income | $116,148 | $75,157 | $69,021 |
Home Value To Income | 2.4x | 4.5x | 3.5x |
Rent To Monthly Income | 0.14x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Niskayuna. 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, 0.9x Niskayuna.
Schenectady, NY has a cost of living index of 97, 0.9x Niskayuna.
Saratoga Springs, NY has a cost of living index of 122, 1.1x Niskayuna.
City | Population | Cost Of Living | Vs. Niskayuna |
---|---|---|---|
Albany, NY | 99,402 | 104 | 0.9x |
Schenectady, NY | 66,809 | 97 | 0.9x |
Saratoga Springs, NY | 28,110 | 122 | 1.1x |
Rotterdam, NY | 22,584 | 104 | 0.9x |
Cohoes, NY | 17,931 | 101 | 0.9x |
East Glenville, NY | 11,687 | 109 | 1.0x |
Rensselaer, NY | 9,330 | 100 | 0.9x |
Colonie, NY | 7,792 | 107 | 1.0x |
Westmere, NY | 7,730 | 111 | 1.0x |
Scotia, NY | 7,305 | 98 | 0.9x |