Cost of Living in Amsterdam, NY

Population 18,162 · New York · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Amsterdam sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Amsterdam is about 30 miles northwest of Albany, the nearest large metro. Median home values run roughly 46% lower than Albany's $223,000.

Cost Overview

Housing 39
Rent 73

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Amsterdam

The median home value in Amsterdam is $119,800 — 61% below the national median of $305,000. Median rent runs $955/month, 27% lower than the national median of $1,314/month. The median household income of $50,193/year is 33% lower than the US median of $74,580. The local unemployment rate is 6.7%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 59.4°F and lows of 39.4°F, with about 59.2" of annual snowfall. Overall, Amsterdam has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$119,800
61% below avg
Zillow Home Value
$230,142
Zillow ZHVI
Median Rent
$955/mo
27% below avg
Zillow Rent
$1,340/mo
Zillow ZORI
Price-to-Rent Ratio
10.5x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 51.5%
Renter-occupied 48.5%

💰 Estimated Monthly Budget

Rent median rent
$955
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,569/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.0 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.2%

Commute Mode

Drove alone
71.6%
Carpooled
10.2%
Public transit
0.3%
Walked
2.6%
Work from home
9.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$50,193
33% below avg
Per Capita Income
$29,230
Unemployment Rate
6.7%
40% above avg
Poverty Rate
20.9%
Labor Force Participation
61.3%

🎓 Education

Bachelor's degree+ 12.0%
Graduate degree 7.7%

👥 Demographics

Median Age 39.3
Male median age 39.3
Female median age 39.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.4°F
Avg Low
39.4°F
Annual Precip
40.7"
Annual Snowfall
59.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 333645597179848274624938
Low °F 161826374857626153413223
Precip" 2.602.283.093.113.414.054.553.763.733.852.993.26
Snow" 15.613.712.01.60.10.00.00.00.00.32.613.3

🏫 Schools

NCES CCD 2019 — public school district data

71%
4-Year Graduation Rate
6
Public schools
3,853
Total enrollment

Frequently Asked Questions

What is the cost of living in Amsterdam, NY?

Amsterdam has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Amsterdam, NY?

The median gross rent in Amsterdam is $955 per month based on 2023 Census data.

What is the average home price in Amsterdam?

The median home value in Amsterdam is $119,800 according to Zillow and Census data.

What is the median income in Amsterdam?

The median household income in Amsterdam is $50,193 per year (2023 ACS 5-year estimates).

What is the sales tax in Amsterdam, NY?

The combined state and local sales tax rate in Amsterdam is 8.5%. The New York state income tax top rate is 10.9%.

Is Amsterdam, NY affordable?

Yes, Amsterdam is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

What is the weather like in Amsterdam?

Amsterdam has average high temperatures of 59.4°F and average lows of 39.4°F. Annual precipitation is 40.7". Average annual snowfall is 59.2". Data from NOAA 1991–2020 Climate Normals.

Amsterdam at a Glance

Population
18,162
Median Income
$50,193
Home Value
$119,800
Median Rent
$955/mo
Unemployment
6.7%
Avg High Temp
59.4°F
Sales Tax
8.5%
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