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Colonie, NY vs Selden, NY

102
Colonie
New York
VS
-29.4%
144
Selden
New York

There is a significant gap in the cost of living between these two cities. Colonie is 29.4% cheaper than Selden. With a cost index of 102 vs 144, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colonie to Selden should plan for substantially higher expenses across most categories.

On the housing front, median rent in Colonie is $1,494/month compared to $2,282/month in Selden — a 35% difference. Home values follow the same pattern: Colonie is more affordable at $270,800 median vs $435,700.

Median household income in Colonie is $100,396 compared to $111,339 in Selden (-9.8%). Selden does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Colonie spend roughly 17.9% of their income on rent, less than the 24.6% in Selden.

Climate-wise, Selden is notably warmer with an average of 53.1°F compared to 49.4°F in Colonie. Selden receives more rainfall at 46" per year compared to 40.7" in Colonie.

Income & Cost

Cost of Living Index
Colonie
102
29% cheaper
Selden
144
Median Household Income
Colonie
$100,396
Selden
$111,339
10% higher

Housing

Median Rent
Colonie
$1,494
35% cheaper
Selden
$2,282
Median Home Value
Colonie
$270,800
38% cheaper
Selden
$435,700
Population
Colonie
7,705
Selden
21,707

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Colonie $2.98
Selden $3.32
US $3.07
🥚
Eggs (grade A, large)
Colonie $2.43
Selden $2.71
US $2.50
🥛
Milk (whole)
Colonie $3.92
Selden $4.36
US $4.03
🍞
Bread (white)
Colonie $1.80
Selden $2.00
US $1.85
🍗
Chicken breast
Colonie $4.03
Selden $4.49
US $4.14
Electricity
Colonie $0.25
Selden $0.24
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Colonie 49.4°F
Selden 53.1°F
Summer High
Colonie 84°F
Selden 83°F
Winter Low
Colonie 16°F
Selden 25°F
Rainfall
Colonie 40.7"
Selden 46"
Rainy Days
Colonie 139d
Selden 122d