Cost of Living in Albany, GA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.0
100 = national avg
-18.0 vs national average
Living Wage (1 Adult)
$36,079
per year
Living Wage (Family of 4)
$85,278
per year
Cost Index by Category
Housing85.3
Food84.5
Transportation77.1
Healthcare87.6
Utilities87.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,006
per month
2 Bedroom
$1,129
per month
The overall cost of living index in Albany is 82.0, which is 18.0% below the national average. Housing costs are below the national average at an index of 85.3. A single adult needs to earn approximately $36,079 per year to cover basic expenses.