CostIndexUSA

Albany, NY vs Kansas City, MO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
Albany
99.6
overall index
$1,575/mo rent
More AffordableMO
Kansas City
92.5
overall index
$1,450/mo rent

Kansas City is moderately cheaper than Albany — 7.1% lower overall cost of living.

To match an $80,000 salary in Albany, you would need $74,300 in Kansas City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing15.6%
Albany
102.6
Kansas City
86.6
🛒 Groceries5.6%
Albany
99.7
Kansas City
94.1
🚗 Transportation4.5%
Albany
102.6
Kansas City
98
🏥 Healthcare4.5%
Albany
92.9
Kansas City
88.7
Utilities33.6%
Albany
134
Kansas City
89

Salary Equivalency Calculator

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

$
Equivalent salary in Kansas City, MO
$74,300
$5,700 less needed in Kansas City

Formula: salary × (92.5 ÷ 99.6) = salary × 0.9287. 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×

Kansas City, MO

Median Home Price
$312,000
Median Monthly Rent
$1,450
Housing Index
86.6
Price-to-Rent Ratio
17.9×

Albany has 15.6% lower housing costs compared to Kansas City.

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

Kansas City, MO

Median Household Income
$79,800
Per Capita Income
$45,500
Unemployment Rate
2.9%
Population
508,394
Top Industries
FinanceHealthcareManufacturingLogisticsGovernment

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)

Kansas City, MO
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.