11 Cheapest Places to Live in New York

2) Albany

The capital of NY, Albany, is a relatively inexpensive living option for people who are looking for an urban environment. The cost of living index is slightly higher than the national average standard, but lower than the state average, at 106. Within that index, however, grocery expenses, housing, and utilities are all cheaper than the national average. The median house or condo value is $169,900. Public administration is the most common industry, and the most common jobs are in sales. Albany is an attractive city because there are so many activity options available to residents and visitors alike. For example, there are museums, planetariums, historic sites, sporting venues, and more. There are plenty of nightlife options for adults, and also parks and shows for children. Furthermore, there are often festivals and events happening somewhere in the city. So if you are looking for a place with all the amenities of a busy city but without a huge price tag, Albany may be for you.