City comparison
Albany, NY vs Lincoln, NE
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Albany, NY are 8.7% higher than in Lincoln, NE. Someone earning $100,000 in Lincoln, NE would need about $108,700 in Albany, NY to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,417 a month in Albany, NY versus $926 in Lincoln, NE. On $100,000, that's 23% of take-home pay in Albany, NY and 15% in Lincoln, NE.
- On $100,000, estimated state income tax is about $1,189 a year higher in Albany, NY than in Lincoln, NE.
- For federal employees, locality pay changes a GS-13 step 1 salary by −3.1% moving from Albany, NY to Lincoln, NE ($109,810 → $106,437), while prices change by −8.0%. Net effect of the transfer: +5.4% in real buying power.
- Albany, NY: price level 99.6 (about average)
- Lincoln, NE: price level 91.6 (much cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Albany, NY | Lincoln, NE | |
|---|---|---|
| Price level (U.S. = 100)2 | 99.6 | 91.6 |
| $100,000 is worth, in the other city2 | $91,980 in Lincoln | $108,719 in Albany |
| Typical 1-bedroom rent3 | $1,417/mo | $926/mo |
| Take-home on $100,00014,15,8 | $74,320 | $75,510 |
| State income tax on $100,000 (estimate)8 | $4,860 (NY) | $3,670 (NE) |
| Rent burden on $100,000 | 23% | 15% |
| Median pay, all jobs4 | $58,460 | $49,800 |
| Federal locality pay area7 | Albany-Schenectady, NY-MA | Rest of U.S. |
Rent areas: Albany-Schenectady-Troy, NY MSA and Lincoln, NE HUD Metro FMR Area. Metro areas: Albany-Schenectady-Troy, NY and Lincoln, NE.
What costs more or less
| Price level (U.S. = 100) | Albany | Lincoln |
|---|---|---|
| Housing (rent) | 102.6 | 84.2 |
| Goods | 99.7 | 94.1 |
| Utilities | 134.0 | 76.8 |
| Other services | 97.8 | 93.0 |
| Overall | 99.6 | 91.6 |
Moving with the same $100,000 salary
Albany, NY → Lincoln, NE
Same pay goes further
Buying power +8.7%; rent takes 15% of take-home; state tax −$1,189/yr.
96 Strong offer
Lincoln, NE → Albany, NY
Same pay buys less
Buying power −8.0%; rent takes 23% of take-home; state tax +$1,189/yr.
44 Weak offer
On the GS pay scale?
Albany, NY is in the Albany-Schenectady, NY-MA pay area; Lincoln, NE is in Rest of U.S.. The last column shows what a transfer from Albany, NY to Lincoln, NE at the same grade and step does to real buying power.
| Grade5,2 | Albany, NY | Lincoln, NE | Real change, Albany → Lincoln |
|---|---|---|---|
| GS-9 step 1 | $63,678 | $61,722 | +5.4% |
| GS-11 step 1 | $77,045 | $74,678 | +5.4% |
| GS-12 step 1 | $92,344 | $89,508 | +5.4% |
| GS-13 step 1 | $109,810 | $106,437 | +5.4% |
| GS-14 step 1 | $129,763 | $125,776 | +5.4% |
Pay for common jobs
| Median annual pay4 | Albany, NY | Lincoln, NE | Lincoln pay in Albany dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $79,240 | $61,940 | $67,341 (−15.0%) |
| Software Developers | $127,910 | $101,690 | $110,556 (−13.6%) |
| Accountants and Auditors | $84,660 | $65,170 | $70,852 (−16.3%) |
| Registered Nurses | $99,970 | $87,530 | $95,162 (−4.8%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.