Housing costs in Albany?
A typical home costs
$152,600, which is 54.9% less expensive than the national average of
$338,100 and 31.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Albany costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford Albany?
To live comfortably in Albany (zip 47320), Indiana, a minimum annual income of
$29,160 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Albany?
Albany, Indiana has a cost of living that is 3% lower than the national average. This is good news for those who are looking to move there and need to keep their budgets in check. The median home price in 47320 Albany is just over $78,000, making it an affordable option for those looking to buy a house. Renters will be pleased to find rentals ranging from $500-900 per month depending on size and location. Groceries and utilities are also reasonably priced, making 47320 Albany an attractive place to live for those on a budget.