Albany vs Scranton
Cost of Living Comparison · 2026
Albany
Scranton
The Verdict
Scranton is 10.0% less expensive than Albany overall. A household earning $75,000 in Albany would need approximately $68,182 in Scranton to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Albany has the same purchasing power as $68,182 in Scranton.
Conversely, $75,000 in Scranton equals $82,500 in Albany.
Living in Albany vs Scranton
Housing Costs
Albany's housing index of 93 is higher Scranton's 65, translating to median home prices of $220,000 vs $195,000. The $25,000 difference in home prices means roughly $1,620 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Albany compared to $1,025/mo in Scranton, a monthly difference of $175.
Grocery & Food Costs
Grocery expenses index at 102 in Albany and 98 in Scranton. A household spending the national average of $475/month on groceries would pay approximately $485/month in Albany vs $466/month in Scranton. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 107 in Albany and 102 in Scranton. Monthly utility bills average approximately $428 in Albany vs $408 in Scranton. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 100 in Albany and 90 in Scranton. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $43,098 in Albany and $49,500 in Scranton. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $43,533 and $55,000 respectively. Scranton residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,006/month to housing in Albany vs $1,155/month in Scranton. In Albany, median rent of $1,200/mo exceeds this threshold, suggesting renters may feel stretched. In Scranton, median rent of $1,025/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 28 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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