Wondering how far your dollar stretches in Albany compared to Rochester? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.
| Albany | Metric | Rochester | Difference |
|---|---|---|---|
| 95 | Cost of Living Index | 86 | -9.5% |
| $275,000 | Median Home Price | $185,000 | -32.7% |
| $1,200 | Median Monthly Rent | $1,250 | +4.2% |
| $66,800 | Median Household Income | $56,200 | -15.9% |
| 2.2% | Property Tax Rate | 2.6% | +18.2% |
| 3.5% | Unemployment Rate | 3.8% | +8.6% |
| 24 min | Average Commute | 21 min | -12.5% |
| 38.4 | Median Age | 37.5 | -2.3% |
| 905,000 | Metro Population | 1,090,000 | +20.4% |
Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.
Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.
Buying a home in Albany costs $1,975/month (PITI) compared to $1,390/month in Rochester — a difference of $585/month or $7,020/year. The price-to-income ratio is 4.1x in Albany versus 3.3x in Rochester, suggesting Rochester is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 5.5 years to save a down payment in Albany compared to 4.4 years in Rochester.
Estimated on each city's median household income, single filer, standard deduction, 2025 rates.
| Tax Category | Albany | Rochester |
|---|---|---|
| Gross Income | $66,800 | $56,200 |
| State Income Tax | $3,069 | $2,486 |
| Federal Income Tax | $6,145 | $4,615 |
| FICA (SS + Medicare) | $5,111 | $4,299 |
| Property Tax (on median home) | $6,050/yr | $4,810/yr |
| State Sales Tax Rate | 4.0% | 4.0% |
| Total Tax Burden | $14,325 (21.4%) | $11,400 (20.3%) |
| Take-Home Pay | $52,475 | $44,800 |
On median household income, total taxes (federal + state + FICA) come to $14,325 in Albany (21.4% effective) versus $11,400 in Rochester (20.3% effective). After taxes, take-home pay is $52,475 in Albany and $44,800 in Rochester. Property taxes add $6,050/year on the median Albany home versus $4,810/year in Rochester.
These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $66,800 in Albany (COL 95) and relocate to Rochester (COL 86), you would need $60,472 to maintain the same purchasing power. This means you can take a pay cut of $6,328 and still maintain your lifestyle in Rochester.
Beyond costs, quality of life matters. The average commute in Albany is 24 minutes versus 21 minutes in Rochester, a difference of 3 minutes each way. Albany's lower unemployment rate of 3.5% versus 3.8% suggests a stronger job market. Albany skews slightly older with a median age of 38.4 vs 37.5 in Rochester.
Albany is 9.5% more expensive than Rochester overall. Albany has a cost of living index of 95 compared to 86 for Rochester (national average = 100). The biggest difference is housing: the median home costs $275,000 in Albany vs $185,000 in Rochester.
The median home price in Albany is $275,000, which is $90,000 more than Rochester's median of $185,000. Monthly rent follows a similar pattern: $1,200/month in Albany vs $1,250/month in Rochester, a difference of $50/month or $600/year.
To maintain the same standard of living, a $66,800 salary in Albany is equivalent to $60,472 in Rochester. This is based on the cost of living index ratio: Albany's COL index of 95 vs Rochester's 86. Conversely, $56,200 in Rochester equals $62,081 in Albany.
On a median household income, the combined federal, state, and FICA tax burden is $14,325 (21.4% effective rate) in Albany vs $11,400 (20.3% effective rate) in Rochester. Property taxes on the median home are $6,050/year in Albany (2.2% rate) vs $4,810/year in Rochester (2.6% rate). Sales tax rates are 4.0% in New York and 4.0% in New York.
Albany median household income: $66,800/yr. Rochester median household income: $56,200/yr (Census ACS).
Median monthly rent: $1,200 in Albany vs $1,250 in Rochester. Annualized that is $14,400 vs $15,000.
Rochester offers a lower cost of living (index 86 vs 95), which lets remote-workers keeping a coastal salary stretch further. Albany typically wins on amenities and labor-market depth.
Albany and Rochester numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.
Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.
No. The Albany vs Rochester cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.
Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].
COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.
Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.
Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.
Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.
Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].
Last reviewed is computed from the maximum retrievedAt across every source this page consumes.
City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed .