Cost of Living: Coram, NY vs Albany, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,116/mo in Coram, NY versus $4,116/mo in Albany, NY. In the model, rent is about 36.86% of gross in Coram, NY versus 17.16% in Albany, NY, so Albany, NY tends to feel more affordable for rent.

Take-home in Coram, NY
$4,116/mo
Income level: below
Take-home in Albany, NY
$4,116/mo
Income level: above
Rent share (1BR) in Coram, NY
36.86%
COLI tier: mid-range
Rent share (1BR) in Albany, NY
17.16%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Coram, NY and Albany, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Albany, NY
  • Lower rent (median 1BR/2BR): Albany, NY
  • Lower home prices: Albany, NY
  • Higher median household income: Coram, NY

Cost of Living Index

Coram, NY: 100 (U.S. = 100) · Albany, NY: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Coram, NY: $2,403/mo (midpoint of 1BR/2BR) · Albany, NY: $1,119/mo

Median rent in Coram, NY is $1,284/mo higher than in Albany, NY.

Median Home Price

Coram, NY: $425,300 · Albany, NY: $223,000

Median home price in Coram, NY is $202,300 higher than in Albany, NY.

Median Household Income

Coram, NY: $107,159 · Albany, NY: $59,485

Coram, NY has a higher median household income than Albany, NY by $47,674.

Coram, NY overview · Albany, NY overview · Popular comparisons