Schenectady, New York has an overall cost of living index of 98.2, which is 1.8 points below the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,145 per month, while the typical home is valued around $168,800. Households earn a median of $58,399 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$58,399
Median Income / yr
Census ACS
$1,145
Median Rent / mo
Census ACS
$168,800
Median Home Value
Census ACS
98.2
Cost of Living Index
Studio FMR
$1,217
HUD · FY2024
1BR Fair Market Rent
$1,417
HUD · FY2024
2BR Fair Market Rent
$1,702
HUD · FY2024
3BR Fair Market Rent
$2,041
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
98.2
Goods
97.4
Rents / Housing
92.8
Services
131.8
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $121,300 |
| Registered Nurse | $96,980 |
| Elementary Teacher | $76,640 |
| Electrician | $74,820 |
| Accountant | $94,180 |
| Plumber | $83,100 |
| Nurse Practitioner | $269,020 |
| Civil Engineer | $111,320 |
| Operations Manager | $136,420 |
| Market Research Analyst | $77,640 |
| Health Services Manager | $134,860 |
| Truck Driver | $62,630 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
68,847
Latest estimate
Median Age
36.1 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
7
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,093
Per month
Avg Home Value
$179,029
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 12303 | — | $1,056 | $217,200 |
| ZIP 12304 | — | $1,057 | $152,600 |
| ZIP 12305 | — | $938 | $140,000 |
| ZIP 12306 | — | $1,156 | $196,800 |
| ZIP 12307 | — | $1,026 | $98,000 |
| ZIP 12308 | — | $1,055 | $164,600 |
| ZIP 12309 | — | $1,362 | $284,000 |
January Avg
24°F
July Avg
73°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.6
poor
Hospitals
2
Doctors per 1,000
1.00
Insurance Coverage
95.1%
Schenectady has a Regional Price Parity (RPP) index of 98.2. The US national average is 100, so Schenectady is 1.8 points below the national average.
The median gross rent in Schenectady is $1,145 per month according to US Census ACS data.
The median household income in Schenectady is $58,399 per year.
The median home value in Schenectady is $168,800 based on the latest Census ACS survey.
Air quality data for Schenectady is not yet available.
Tax data for New York is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
