Housing costs in Albany-Lebanon?
A typical home costs
$371,900, which is 10.0% more expensive than the national average of
$338,100 and 20.6% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Albany-Lebanon costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 20.6% cheaper than the state average of
$1,520.
Can I afford Albany-Lebanon?
To live comfortably in Albany-Lebanon Ore Metro Area, Oregon, a minimum annual income of
$71,280 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Albany-Lebanon?
The cost of living in Albany, OR Metro Area is slightly below the US average. In 2019, the median value of a house in the Albany, OR Metro Area was $371,900 which is significantly lower than the national average of $338,100. This reflects on the overall cost of living in Albany which stands at 97.4, just 2.6 points lower than the US average of 100. Additionally, residents of Albany enjoy amenities such as excellent schools and health care facilities as well as plenty of recreational activities both indoors and outdoors.