Colonie, NY vs Liverpool, NY
There is a significant gap in the cost of living between these two cities. Liverpool is 22.3% cheaper than Colonie. With a cost index of 83 vs 102, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Liverpool to Colonie should plan for substantially higher expenses across most categories.
On the housing front, median rent in Colonie is $1,494/month compared to $1,172/month in Liverpool — a 28% difference. Home values follow the same pattern: Liverpool is more affordable at $173,900 median vs $270,800.
Median household income in Colonie is $100,396 compared to $77,629 in Liverpool (+29.3%). While Colonie is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colonie spend roughly 17.9% of their income on rent, less than the 18.1% in Liverpool.
Climate-wise, both cities share similar average temperatures (49.4°F vs 48.5°F). Colonie receives more rainfall at 40.7" per year compared to 39.9" in Liverpool.
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NOAA 30-year normals (1991-2020)