Cost of Living
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6/4/2011
Although Albany suffers from some of the same employment issues as other states, the cost of living has remained low. It took Albany a year to feel the affects of a rescission, construction has continued in spite of rescission issues. Building in the commercial market has been slower than residential...apartment complexes have been the most popular. Albany is just now feeling the affects of higher gas, increased food prices and cost of durable goods. However, on average, cost have remained controllable. It is expected to recover quicker than surrounding areas when the housing market and employment regain strength.
Gerald | Albany, GA