Albany, NY vs Minneapolis, MN
Cost of Living Comparison
Albany, NY is more affordable by 5.3 index points
Side-by-Side Comparison
| Category | Albany, NY | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 99.6 | 104.8 | -5.3 |
| Housing | 102.6 | 111.8 | -9.3 |
| Goods | 99.7 | 103.1 | -3.4 |
| Utilities | 134.0 | 93.5 | +40.6 |
| Other Services | 97.8 | 104.4 | -6.7 |
Income & Housing Comparison
| Metric | Albany, NY | Minneapolis, MN |
|---|---|---|
| Median Household Income | $83,360 | $94,673 |
| Median Home Value | $254,100 | $334,200 |
| Median Monthly Rent | $1,181 | $1,324 |
| Per Capita Income | $44,919 | $49,334 |
Frequently Asked Questions
Is Albany, NY or Minneapolis, MN cheaper to live in?
Albany, NY is more affordable. The cost of living difference is 5.3 index points (Albany, NY: 99.6, Minneapolis, MN: 104.8).
Where is housing cheaper, Albany, NY or Minneapolis, MN?
Housing is more affordable in Albany, NY. Housing index: Albany, NY (102.6) vs Minneapolis, MN (111.8).