Zip 31701 (Albany, GA) Cost of Living


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Albany cost of living score
72.7
Less expensive
27.3% lower
than the US average
23.1% lower
than the Georgia average
Albany (zip 31701), Georgia gets a BestPlaces Cost of Living score of 72.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.3% lower than the U.S. average and 23.1% higher than the average for Georgia.

Zip 31701 (Albany, GA)

Housing costs in Albany?
A typical home costs $87,600, which is 74.1% less expensive than the national average of $338,100 and 71.6% less expensive than the average Georgia home, at $308,200. Renting a two-bedroom unit in Albany costs $800 per month, which is 37.5% cheaper than the national average of $1,280 and 10.0% cheaper than the state average of $880.

Can I afford Albany?
To live comfortably in Albany (zip 31701), Georgia, a minimum annual income of $16,920 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Albany?
The cost of living in Albany, GA (31701) is quite affordable. According to the Cost of Living Index, the overall cost of living in this zip code is about 16% lower than the national average. Housing costs are especially low, coming in at nearly 25% below the national average. Food and transportation costs are also generally lower than average, making Albany a great place for those on a budget. Overall, Albany is a great city to call home as it offers its residents an attractive combination of affordability and amenities.
   Cost of living score
     CategoriesAlbanyGeorgiaUnited States
  72.794.5100.0
  90.395.5100
  107.399.8100.0
  21.782.4100.0
  $87,600$308,200$338,100
  101.5%103.2%100.0%
  79.8105.1100.0
  82.983.8100.0

   100=National Average

   Average Rent by Bedroom Size
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