Cost of LivingUpdated 2026-03-23

Albany, New York

In Albany, New York, a gallon of regular gas costs $3.85 as of 2026-03-23 — $0.40 above the national average of $3.45. The average monthly rent for all unit types is $1,600, compared to the national average of $1,900. Grocery inflation is running at 2.58% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Albany's cost-of-living index of 108 puts it above the national average of 100.

Key Numbers

Gas (Regular)

$3.85

National: $3.45

2.0%vs. 2022
AAA Gas Prices

Avg Rent (All)

$1,600

National: $1,900

14.0%vs. 2022

Grocery Inflation

2.58%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$16.52

Combo meal

3.8%YoY

Electricity

21.8¢/kWh

~$196/mo avg bill

34.6%vs national avg
EIA Residential

Car Insurance

$248/mo

$2,980/yr state avg

38.6%vs national avg
Bankrate/NAIC

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Grocery Prices

Grocery Item Prices — 2022 to Present

Item20222023202420252026Change
Eggs (dozen)Bird flu volatility$1.89$2.25$2.94$4.39$2.39+2960.0%
Milk (gallon)$3.65$3.98$3.90$4.06$4.14+630.0%
Ground Beef (lb)$4.04$5.01$5.26$5.52$5.69+40.8%
Bread (loaf)$2.20$2.97$3.27$3.43$3.50+1900.0%
Chicken Breast (lb)$3.96$4.16$4.33$4.42$4.46+2630.0%
Butter (lb)$4.16$4.61$4.79$4.93$5.03+20.9%
Bacon (lb)$6.44$7.09$7.52$7.98$8.30+28.9%
Cheddar Cheese (lb)$5.93$6.46$6.79$7.06$7.20+21.4%
Pasta (lb)$1.61$1.98$2.06$2.08$2.12+31.7%
Rice (5 lb)$4.29$4.88$5.08$5.29$5.45+27.0%
Coffee (12 oz)$8.60$10.42$11.37$11.94$12.30+43.0%
Orange Juice (64 oz)Citrus shortage$3.88$4.58$4.94$5.29$5.39+38.9%
Potatoes (5 lb)$4.05$4.34$4.47$4.56$4.56+12.6%
Apples (3 lb)$4.69$4.97$5.27$5.37$5.37+14.5%
Tomatoes (lb)$2.32$2.57$2.75$2.86$2.92+25.9%
Lettuce (head)$1.82$1.98$2.14$2.27$2.31+26.9%
Cooking Oil (48 oz)$5.79$7.09$7.81$8.12$8.20+41.6%
Yogurt (32 oz)$4.33$4.68$4.96$5.21$5.37+24.0%
Cereal (family size)$5.05$5.69$6.09$6.40$6.59+30.5%
Frozen Pizza$6.59$7.91$8.46$9.06$9.24+40.2%

Dining & Restaurants

Fast Food Meal

$16.52

Casual Dining

$31.75

Monthly Spend

$489.14

+3.75% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $10.24

$16.52

+61.3%

Wendy's

2022: $11.56

$17.84

+54.3%

Chipotle

2022: $12.39

$18.50

+49.3%

Starbucks

2022: $5.23

$7.26

+38.8%

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