Cohoes, NY vs Troy, NY

Cohoes, NY and Troy, NY have a very similar cost of living, with only a 3.3% difference in their overall index. Cohoes scores 87 while Troy scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cohoes is $1,179/month compared to $1,134/month in Troy — a 4% difference. Home values follow the same pattern: Troy is more affordable at $192,500 median vs $209,400.

Median household income in Cohoes is $62,111 compared to $57,688 in Troy (+7.7%). While Cohoes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cohoes spend roughly 22.8% of their income on rent, less than the 23.6% in Troy.