Cohoes, NY, has a cost of living index that is generally lower than the nationwide average of 100. The overall cost of living in Cohoes is 94, reflecting an average that is 6% below the national average. Housing costs in Cohoes are notably lower at 85, contributing significantly to this overall lower cost. Despite some categories, like healthcare at 105, exceeding the national average, the balanced cost across other sectors maintains a favorable total index for prospective residents.
Exploring the cost of living index in Cohoes, NY, reveals that it generally aligns closely with the nationwide average, which is set at 100. For housing, Cohoes offers a slight advantage with an index of 85, indicating that costs are 15% lower than the national average. This reduction can be particularly appealing to job seekers prioritizing housing affordability. The grocery cost index stands at 95, slightly above the average, suggesting that grocery expenses are about 5% higher than the national norm.
Transportation costs in Cohoes are marginally higher, with an index of 98, which is 2% above the national average. This small increase might slightly affect overall living expenses. Healthcare costs, however, are notably higher, with an index of 105, which means they are 5% above the national average. Job seekers should consider these variances when evaluating relocation options. Miscellaneous expenses in Cohoes have an index of 92, indicating a 8% lower cost compared to the national average. This lower miscellaneous cost might help balance the higher healthcare expenses for those considering this area.
