Cost of Living · 2026

Albany, NY

Metro population: 899K

Monthly take-home

$4,805

on $75K, single filer

2-BR rent (HUD FMR)

$1,702

per month

Median home value

$295,000

+6.2% year-over-year

Left after rent

$3,103

per month on $75K

Food costs (index, 100 = national avg)

96

Groceries

98

Dining out

On a $75,000 salary in Albany, you take home about $4,805 per month after federal and state taxes. A typical two-bedroom apartment runs $1,702 per month based on HUD fair market rents, leaving you with roughly $3,103 for everything else. If you are looking to buy, the median home in the Albany metro is valued at $295,000. These numbers use 2026 tax brackets and official government data sources. Use them as a starting point, not financial advice.

Compare Albany with other cities

Data from IRS, HUD, BLS, and Zillow. Last updated March 2026.