Housing costs in Albany?
A typical home costs
$209,200, which is 38.1% less expensive than the national average of
$338,100 and 13.2% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Albany costs
$830 per month, which is 17.0% cheaper than the national average of
$1,000 and 19.3% cheaper than the state average of
$990.
Can I afford Albany?
To live comfortably in Albany (zip 70711), Louisiana, a minimum annual income of
$39,960 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Albany?
The cost of living in 70711 Albany, LA is quite affordable compared to many other cities. According to the 2019 Cost of Living Index, the average cost of living in 70711 Albany is slightly lower than the national average with a score of 88.6 compared to 100 for the national average. The cost of housing is especially appealing with an index score of 81.5 which indicates that rent and mortgage costs are significantly lower than most other areas. Groceries are also slightly cheaper in this area as well, scoring 87 on the index. In addition, taxes in 70711 Albany are quite low compared to other states and cities throughout the United States, making it an ideal location for those looking to save money while still enjoying a comfortable life.