Housing costs in Albany?
A typical home costs
$242,600, which is 28.2% less expensive than the national average of
$338,100 and 38.9% more expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Albany costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 8.1% cheaper than the state average of
$930.
Can I afford Albany?
To live comfortably in Albany, Oklahoma, a minimum annual income of
$46,440 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Albany?
The cost of living in Albany, OK is relatively low compared to other cities and states. This is mainly due to the fact that the housing market is quite affordable and the local economy offers plenty of opportunities for employment. In addition, there are a variety of taxes which help keep the cost of living down. The overall cost of living in Albany, OK is 8% lower than the national average. Additionally, the median home value in Albany, OK is around $61,400 which makes it an attractive option for those looking for a more affordable and relaxed living environment.