Albany, NY
The rest of the month in Albany
$3,324 in modelled household costs, against $6,018 take-home. Leftover is $2,694.
Where the money goes
- Taxes$2,112
- Rent$1,369
- Other living costs$1,955
- Left over$2,694
Pay and tax, per year
- Gross household pay
- $97,562
- Federal income tax
- −$13,078
- Social Security and Medicare
- −$7,463
- State income tax (NY)
- −$4,805
- Take-home pay
- $72,215
- Effective tax rate
- 26.0%
Living costs, per month
- Rent, 1br
- $1,369
- Groceries
- $397
- Getting around
- $517
- Healthcare
- $446
- Utilities and internet
- $248
- Everything else
- $347
- Total spending
- $3,324
Left over each month
$8,130 gross, minus $2,112 in tax and $3,324 in living costs.
$2,694
Power bill, separately
EIA 2024 residential electricity in NY averages a $219 monthly bill at 900 kWh. The utilities line above already includes power, gas and water as a household bundle — this is the state rate as a cross-check, not an extra cost.
Non-housing lines start from BLS-order-of-magnitude national spending, then scale by this metro's cost index and your household size. Electricity rates are EIA state averages. Not a budget, not advice.