These 2 Capital Region Cities Are New York’s Cheapest Places To Live

Looking to cut costs in the New Year? 2 of New York's most affordable places to live are in the Capital Region.

Groceries, utilities, and well - pretty much everything - have gotten more expensive.

According to RentCafe the cost of living in New York is 26% higher than the national average. But that data is heavily skewed by the cost of living in New York City.

When you get outside the city, the cost of living in the Capital Region and Upstate is favorable in many areas versus national and state averages. And there is a huge difference when it comes to housing, which is typically the biggest expense in any budget.

Bankrate says the median home price nationwide is $404,500 and $522,000 in New York. The cities and towns on this list fall well below both of these averages.

See The 10 Cheapest Places To Live In New York State

The real estate experts at Houzeo have combed through statewide housing data to determine the 10 cheapest places to live in New York.  These top 10 affordable places to live were determined using median home values, average rents, and household income.

All 10 cities and towns below fall below national averages for cost of living, including two Capital Region cities. For example, Albany's median home value of $297,000 is the most expensive on this list, but still falls far below national and state averages!