Housing costs in Albany?
A typical home costs
$80,900, which is 76.1% less expensive than the national average of
$338,100 and 73.8% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Albany costs
$810 per month, which is 36.7% cheaper than the national average of
$1,280 and 8.6% cheaper than the state average of
$880.
Can I afford Albany?
To live comfortably in Albany (zip 31705), Georgia, a minimum annual income of
$15,480 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Albany?
The cost of living in Albany, GA (zip code 31705) is quite reasonable. According to the Cost of Living Index, Albany's cost of living is approximately 8 points lower than the national average. This means that goods and services in this area are relatively cheaper compared to other parts of the country. Additionally, housing costs in this area tend to be much lower than in other areas, making it a great location for those looking for affordable apartments or homes. Overall, Albany offers a great balance of affordability and quality of life for its residents.