Overall
94.9
-5.1 below avg
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.
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.
Regional Price Parity vs national average (100)
BEA RPP composition by goods, services, rents, overall
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
Index 94.9 (-5.1 vs national avg)
Index 99.7 (-0.3 vs national avg)
Index 133.8 (+33.8 vs national avg)
Index 76.2 (-23.8 vs national avg)
Vertical line on each bar = national average (100)
$75,000 median income vs RPP 94.9
A $100,000 salary at the national average cost of living equals:
in Glens Falls, NY purchasing power
Use the salary calculator for custom amounts.
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 |
These metros have an overall RPP closest to Glens Falls, NY's index of 94.9.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
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.
Read our methodology — how this data is sourced, computed, and verified.