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2024 BEA RPP All 4 categories Federal source

Glens Falls, NY

Cost-of-living indicators for Glens Falls, NY, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 24020 · Data year: 2024 · Rank: #170 of 387

Glens Falls, NY has a cost of living index of 94.9, meaning it's 5.1% less expensive than the national average. Goods cost 0.3% less, services 33.8% more, and rents are 23.8% below average. A $100K national salary has the purchasing power of $105,412 here.

What the Numbers Mean for Glens Falls

Glens Falls ranks #170 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the upper half by cost. With an overall Regional Price Parity of 94.9, Glens Falls, NY is 5.1% less expensive than the national baseline of 100. The gap between Glens Falls's most and least expensive categories — services at 133.8 versus rents at 76.2 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $105,412 inside Glens Falls, while a household needs roughly $94,866 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 76.2 — 23.8% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Glens Falls's overall index has fallen by 3.6 points, improving relative affordability. For the 2024 data year, goods are indexed at 99.7 and services at 133.8, meaning everyday spending in Glens Falls is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Glens Falls Cost Index at a Glance

Glens Falls all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10094.9

Glens Falls category breakdown

BEA RPP composition by goods, services, rents, overall

Rents76.231Services133.827Goods99.693Overall94.866

Price Index Summary

Overall

94.9

-5.1 below avg

Goods

99.7

-0.3 below avg

Services

133.8

+33.8 above avg

Rents

76.2

-23.8 below avg

Price Index vs National Average (100)

Overall
National avg

Index 94.9 (-5.1 vs national avg)

Goods
National avg

Index 99.7 (-0.3 vs national avg)

Services
National avg

Index 133.8 (+33.8 vs national avg)

Rents
National avg

Index 76.2 (-23.8 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Services +33.8% (133.8)

Below National Average

Rents -23.8% (76.2)
Overall -5.1% (94.9)
Goods -0.3% (99.7)

Income Adequacy in Glens Falls

Glens Falls income adequacy score

$75,000 median income vs RPP 94.9

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$94,866

in Glens Falls, NY purchasing power

$50,000 nationally
$47,433
$75,000 nationally
$71,150
$125,000 nationally
$118,583
$150,000 nationally
$142,299
$200,000 nationally
$189,732

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 3.6 points over this period.

Year Overall
2008 98.5
2009 100.2
2010 98.6
2011 97.3
2012 97.3
2013 100.0
2014 94.0
2015 98.0
2016 97.0
2017 97.8
2018 95.5
2019 95.6
2020 95.0
2021 95.5
2022 92.6
2023 94.1
2024 94.9

Related Data for Glens Falls

Frequently Asked Questions

What is the cost of living in Glens Falls, NY?
Glens Falls, NY has a Regional Price Parity (RPP) index of 94.9, meaning it is 5.1% less expensive than the national average. Goods are indexed at 99.7, services at 133.8, and rents at 76.2. It ranks #170 out of 387 U.S. metro areas by overall cost.
What salary do I need in Glens Falls, NY to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $94,866 in Glens Falls, NY. Conversely, $100K earned in Glens Falls, NY has the purchasing power of $105,412 at the national average.
How expensive is rent in Glens Falls, NY?
Rents in Glens Falls, NY are indexed at 76.2, which is 23.8% below the national average. This makes the area relatively affordable for renters.
Is Glens Falls, NY getting more expensive?
From 2008 to 2024, Glens Falls, NY's overall cost index changed by -3.6 points (from 98.5 to 94.9). The cost of living has been declining.
What costs the most in Glens Falls, NY?
The most expensive category in Glens Falls, NY is services at 133.8, which is 33.8% above the national average. The most affordable category is rents at 76.2, 23.8% below average.
What metros have a similar cost of living to Glens Falls, NY?
Metros with the most similar overall cost index include Harrisonburg, Kalamazoo-Portage, Lansing-East Lansing. These areas have RPP values within a few points of Glens Falls, NY's 94.9.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page