Cost of Living in Albany, OR
2024 data from the Bureau of Economic Analysis
Cost Index
102.1
2.1% above avg
Housing Index
101.1
Median Income
$69,523
Median Rent
$1,160/mo
Cost Breakdown
Overall102.1 (+2.1%)
Housing101.1 (+1.1%)
Goods105.3 (+5.3%)
Utilities104.8 (+4.8%)
Other Services100.3 (+0.3%)
National average = 100
Income & Housing
Median Household Income
$69,523/year
Median Home Value
$319,800
Median Monthly Rent
$1,160/mo
Per Capita Income
$32,501/year
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Frequently Asked Questions
Is Albany, OR expensive to live in?
Albany, OR has a cost of living index of 102.1, which is 2.1% above the national average.
How much does housing cost in Albany, OR?
Housing costs in Albany, OR are indexed at 101.1 compared to the national average of 100. The median monthly rent is $1,160.
What is the average income in Albany, OR?
The median household income in Albany, OR is $69,523 per year.
What is the average home price in Albany, OR?
The median home value in Albany, OR is $319,800.