CostIndexUSA

Albany, NY vs Denver, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNY
Albany
99.6
overall index
$1,575/mo rent
CO
Denver
105.8
overall index
$1,850/mo rent

Albany is moderately cheaper than Denver — 6.2% lower overall cost of living.

To match an $80,000 salary in Albany, you would need $85,000 in Denver. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+43.2%
Albany
102.6
Denver
146.9
🛒 Groceries+1.3%
Albany
99.7
Denver
101
🚗 Transportation+1.8%
Albany
102.6
Denver
104.4
🏥 Healthcare+1.7%
Albany
92.9
Denver
94.5
Utilities34.4%
Albany
134
Denver
87.9

Salary Equivalency Calculator

Enter your current salary in Albany to see what you'd need to earn in Denver to maintain the same purchasing power.

$
Equivalent salary in Denver, CO
$85,000
$5,000 more needed in Denver

Formula: salary × (105.8 ÷ 99.6) = salary × 1.0622. Based on BEA Regional Price Parities.

Housing Market

Albany, NY

Median Home Price
$350,000
Median Monthly Rent
$1,575
Housing Index
102.6
Price-to-Rent Ratio
18.5×

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Denver has 43.2% higher housing costs compared to Albany.

Income & Job Market

Albany, NY

Median Household Income
$82,400
Per Capita Income
$47,000
Unemployment Rate
3.9%
Population
98,111
Top Industries
GovernmentHealthcareEducationFinanceTechnology

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Albany, NY
4.4×income-to-rent ratio

77% of income left after rent (median)

Denver, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.