Cost of Living in Niskayuna, NY

Population 20,774 · New York · Data vintage 2023

111
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Niskayuna 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. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.

Located 11 miles northwest of Albany, Niskayuna falls within that metro's commuting orbit. Median home values run roughly 46% higher than Albany's $223,000.

Cost Overview

Housing 107
Rent 116

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

About the Cost of Living in Niskayuna

The median home value in Niskayuna is $326,600 — 7% above the national median of $305,000. Median rent runs $1,528/month, 16% higher than the national median of $1,314/month. The median household income of $128,346/year is 72% higher than the US median of $74,580. The local unemployment rate is 2.9%, below 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, Niskayuna has a cost of living index of 111 versus the US average of 100, meaning it is 11% more expensive.

🏠 Housing

Median Home Value
$326,600
7% above avg
Median Rent
$1,528/mo
16% above avg
Price-to-Rent Ratio
17.8x
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 82.4%
Renter-occupied 17.6%

💰 Estimated Monthly Budget

Rent median rent
$1,528
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,142/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
22.7 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.5%

Commute Mode

Drove alone
72.2%
Carpooled
6.1%
Public transit
0.3%
Walked
2.0%
Bicycle
0.1%
Work from home
18.5%

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
$128,346
72% above avg
Per Capita Income
$60,623
Unemployment Rate
2.9%
39% below avg
Poverty Rate
3.0%
Labor Force Participation
64.7%

🎓 Education

Bachelor's degree+ 29.9%
Graduate degree 35.8%

👥 Demographics

Median Age 42.3
Male median age 41.7
Female median age 43.5

🌤 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

Frequently Asked Questions

What is the cost of living in Niskayuna, NY?

Niskayuna has a cost index of 111 (100 = national average). It is 11% above the national average.

What is average rent in Niskayuna, NY?

The median gross rent in Niskayuna is $1,528 per month based on 2023 Census data.

What is the average home price in Niskayuna?

The median home value in Niskayuna is $326,600 according to 2023 Census ACS data.

What is the median income in Niskayuna?

The median household income in Niskayuna is $128,346 per year (2023 ACS 5-year estimates).

What is the sales tax in Niskayuna, NY?

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

Is Niskayuna, NY affordable?

Niskayuna is above average in cost of living, with an index of 111 — about 11% higher than the national average.

What is the weather like in Niskayuna?

Niskayuna 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.

Niskayuna at a Glance

Population
20,774
Median Income
$128,346
Home Value
$326,600
Median Rent
$1,528/mo
Unemployment
2.9%
Avg High Temp
59.4°F
Sales Tax
8.5%
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