Cost of Living in Albany, GA
2024 data from the Bureau of Economic Analysis
Cost Index
87.7
12.3% below avg
Housing Index
54.6
Median Income
$53,173
Median Rent
$912/mo
Cost Breakdown
Overall87.7 (-12.3%)
Housing54.6 (-45.4%)
Goods96.3 (-3.7%)
Utilities88.3 (-11.7%)
Other Services98.7 (-1.3%)
National average = 100
Income & Housing
Median Household Income
$53,173/year
Median Home Value
$139,900
Median Monthly Rent
$912/mo
Per Capita Income
$28,313/year
Compare Albany, GA With
Frequently Asked Questions
Is Albany, GA expensive to live in?
Albany, GA has a cost of living index of 87.7, which is 12.3% below the national average.
How much does housing cost in Albany, GA?
Housing costs in Albany, GA are indexed at 54.6 compared to the national average of 100. The median monthly rent is $912.
What is the average income in Albany, GA?
The median household income in Albany, GA is $53,173 per year.
What is the average home price in Albany, GA?
The median home value in Albany, GA is $139,900.