Cost of Living in Albion, ID
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
107.3
100 = national avg
+7.3 vs national average
Living Wage (1 Adult)
$47,224
per year
Living Wage (Family of 4)
$111,621
per year
Cost Index by Category
Housing105.2
Food106.1
Transportation112.2
Healthcare104.9
Utilities104.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$783
per month
2 Bedroom
$1,028
per month
The overall cost of living index in Albion is 107.3, which is 7.3% above the national average. Housing costs are above the national average at an index of 105.2. A single adult needs to earn approximately $47,224 per year to cover basic expenses.