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Colonie, NY vs Northeast Ithaca, NY

102
Colonie
New York
VS
-11.2%
115
Northeast Ithaca
New York

Colonie is moderately more affordable than Northeast Ithaca, with a 11.2% lower cost of living index. Colonie scores 102 compared to 115 for Northeast Ithaca, where the US average is 100. This difference means residents of Northeast Ithaca can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colonie is $1,494/month compared to $1,688/month in Northeast Ithaca — a 12% difference. Home values follow the same pattern: Colonie is more affordable at $270,800 median vs $349,600.

Median household income in Colonie is $100,396 compared to $91,667 in Northeast Ithaca (+9.5%). Colonie offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colonie spend roughly 17.9% of their income on rent, less than the 22.1% in Northeast Ithaca.

Climate-wise, Colonie is notably warmer with an average of 49.4°F compared to 45.2°F in Northeast Ithaca. Northeast Ithaca receives more rainfall at 41.7" per year compared to 40.7" in Colonie.

Income & Cost

Cost of Living Index
Colonie
102
11% cheaper
Northeast Ithaca
115
Median Household Income
Colonie
$100,396
9% higher
Northeast Ithaca
$91,667

Housing

Median Rent
Colonie
$1,494
11% cheaper
Northeast Ithaca
$1,688
Median Home Value
Colonie
$270,800
23% cheaper
Northeast Ithaca
$349,600
Population
Colonie
7,705
Northeast Ithaca
2,575

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Colonie $2.98
Northeast Ithaca $2.98
US $3.07
🥚
Eggs (grade A, large)
Colonie $2.43
Northeast Ithaca $2.43
US $2.50
🥛
Milk (whole)
Colonie $3.92
Northeast Ithaca $3.92
US $4.03
🍞
Bread (white)
Colonie $1.80
Northeast Ithaca $1.80
US $1.85
🍗
Chicken breast
Colonie $4.03
Northeast Ithaca $4.03
US $4.14
Electricity
Colonie $0.25
Northeast Ithaca $0.25
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Colonie 49.4°F
Northeast Ithaca 45.2°F
Summer High
Colonie 84°F
Northeast Ithaca 79°F
Winter Low
Colonie 16°F
Northeast Ithaca 13°F
Rainfall
Colonie 40.7"
Northeast Ithaca 41.7"
Rainy Days
Colonie 139d
Northeast Ithaca 182d