Housing costs in Albany?
A typical home costs
$459,400, which is 35.9% more expensive than the national average of
$338,100 and 1.9% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Albany costs
$1,210 per month, which is 20.4% cheaper than the national average of
$1,520 and 4.1% cheaper than the state average of
$1,260.
Can I afford Albany?
To live comfortably in Albany (zip 97321), Oregon, a minimum annual income of
$88,200 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Albany?
The cost of living in 97321 Albany, OR is relatively low compared to other parts of the country. Housing costs are among the most affordable in the area, with median home values being around $195,000 and rents averaging around $1,050 per month. Utilities are also quite reasonable, with average monthly electricity bills coming in at less than $100. Grocery prices are slightly higher than the national average, but overall remain quite affordable. The area has a wide variety of restaurants and stores that offer low prices on quality goods, making it an ideal place for budget-conscious shoppers.