Cost of Living: Albany, NY vs Henderson, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Henderson |
|---|---|---|
| Housing Index | 120.0 | 110.0 |
| Median Home Price | $282,000 | $Data is updating |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2496 | $1900 |
Housing Comparison: Albany vs Henderson
- In Albany, the median home price is higher at $282,000, while in Henderson it is $0.
- Renting a two-bedroom apartment costs more in Albany at $2,200 than in Henderson at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albany | Henderson |
|---|---|---|
| Electricity Price | $26.08 | $15.5 |
| Natural Gas Price | $18.13 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Albany vs Henderson
- Electricity costs are higher in Albany at $26.08 per kWh, compared to $15.5 in Henderson.
- Henderson experiences higher natural gas costs at $20.66 per unit, with costs at $18.13 in Albany.
- Utility expenses are equal in both Albany and Henderson averaging $250.