CostIndexUSA

Albany, NY vs Provo, UT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
Albany
99.6
overall index
$1,575/mo rent
More AffordableUT
Provo
98.2
overall index
$1,750/mo rent

Provo is slightly cheaper than Albany — 1.4% lower overall cost of living.

To match an $80,000 salary in Albany, you would need $78,900 in Provo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+1.5%
Albany
102.6
Provo
104.1
🛒 Groceries3.3%
Albany
99.7
Provo
96.4
🚗 Transportation+1.3%
Albany
102.6
Provo
103.9
🏥 Healthcare+1.2%
Albany
92.9
Provo
94
Utilities41.3%
Albany
134
Provo
78.6

Salary Equivalency Calculator

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

$
Equivalent salary in Provo, UT
$78,900
$1,100 less needed in Provo

Formula: salary × (98.2 ÷ 99.6) = salary × 0.9859. 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×

Provo, UT

Median Home Price
$534,000
Median Monthly Rent
$1,750
Housing Index
104.1
Price-to-Rent Ratio
25.4×

Provo has 1.5% 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

Provo, UT

Median Household Income
$100,800
Per Capita Income
$57,500
Unemployment Rate
3.6%
Population
116,288
Top Industries
TechnologyEducationHealthcareManufacturingFinance

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)

Provo, UT
4.8×income-to-rent ratio

79% 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.