Housing costs in Albany?
A typical home costs
$145,000, which is 57.1% less expensive than the national average of
$338,100 and 40.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Albany costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 55.6% cheaper than the state average of
$1,260.
Can I afford Albany?
To live comfortably in Albany, Illinois, a minimum annual income of
$27,720 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Albany?
Albany, IL is an affordable place to live. The cost of living in Albany is lower than the U.S. average, making it a great option for those looking to stretch their budget. Housing costs are particularly low compared to other parts of the state and country, with an average two-bedroom apartment costing around $400 a month. Transport costs are also generally low, with petrol prices below the national average and public transport being relatively cheap. Grocery bills are also quite reasonable, with most items available at prices lower than elsewhere in the nation. With so many ways to save money, Albany is an ideal city for those looking for a good price on basic goods and services.