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Is Ballston Spa, NY expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,23829% lower than U.S. average
💵 Families earn per year (2026)$109,648about $9,137/month · 26% higher than U.S. average
🔑 House price$308,2007% lower than U.S. average

Rent is lower than in 73% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $49,520 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other New York cities?

Yes. Rent here is cheaper than in most of New York. It is number 45 of 343 cities from cheapest to most expensive.

Ballston Spa
$1,238
Sea Cliff
$2,554
Mechanicville
$1,294
Liberty
$1,325
Islip Terrace
$2,913
Elmsford
$2,403
Carle Place
$2,366

How much do households earn in Ballston Spa?

Under $25k
8.8%
$25k–50k
20.5%
$50k–100k
29.1%
$100k–150k
28.5%
$150k+
12.5%

Share of households by yearly income. 41.0% of households earn $100,000 or more.

Rent by apartment size in Ballston Spa

SizeBallston SpaU.S. average
1 bedroom$1,056$1,324
2 bedrooms$1,362$1,509
3 bedrooms$1,559$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Ballston Spa overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Ballston Spa, so the New York figure is shown.

Taxes and bills in Ballston Spa

🏛️ Property tax$5,335a year · 1.73% of home value · U.S. $3,119
⚡ Electric bill$152a month (typical) · U.S. $156

Life in Ballston Spa

Commute to work24.7 minU.S.: 26.4 min
College degree45.8%U.S.: 35.7%
Own their home65.5%U.S.: 65.2%
Below poverty line8.5%U.S.: 12.5%
Unemployment1.8%U.S.: 5.2%

Is it cheaper to rent or buy in Ballston Spa?

Renting is cheaper right now: about $900 a month less.

Renting
$1,238
Owning
$2,138

Owning assumes a typical $308,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $30,820 for the down payment.

Frequently asked questions

What is the average rent in Ballston Spa, NY?

Renting in Ballston Spa costs a median of about $1,238 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Ballston Spa?

To keep rent under 30% of income, you need about $49,520 a year, or $24 an hour at a full-time job.

Is Ballston Spa cheap or expensive?

Ballston Spa is rated Cheap: rent takes 13.5% of the typical household income of $109,648. It ranks 45th cheapest of 343 New York cities we track.

How much are property taxes in Ballston Spa?

The median homeowner in Ballston Spa pays $5,335 a year in property taxes, about 1.73% of the median home value.

Is Ballston Spa more expensive than the national average?

Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Ballston Spa?

The median home value in Ballston Spa is $308,200, about 2.8 times the typical yearly household income.

5,027 people live in Ballston Spa. Numbers are typical (middle) values.