Housing costs in Albin?
A typical home costs
$368,600, which is 9.0% more expensive than the national average of
$338,100 and 13.6% more expensive than the average Wyoming home, at
$324,500. Renting a two-bedroom unit in Albin costs
$870 per month, which is 5.4% cheaper than the national average of
$920 and 9.2% cheaper than the state average of
$950.
Can I afford Albin?
To live comfortably in Albin (zip 82050), Wyoming, a minimum annual income of
$70,560 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Albin?
The cost of living in 82050 Albin, WY is relatively low compared to the national average. According to BestPlaces, the overall cost of living index in Albin is 69.61, which indicates that it is 30.39% lower than the U.S. average. The most significant contributing factor to this relatively low cost of living is the housing costs in the area, where rent for a one-bedroom apartment averages around $517 dollars per month while a three-bedroom apartment averages out at $788 per month; both prices are significantly lower than the national average and make it more affordable for locals to find a place to live. Additionally, food costs remain low with basic groceries costing just 10% above national average and eating out at restaurants coming in at 16% below national average. All these factors make Albin an attractive option for those looking for cheaper living options without compromising on quality of life.