Cost of Living in Albany, OK
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)
$36,086
per year
Living Wage (Family of 4)
$85,295
per year
Cost Index by Category
Housing74.0
Food86.6
Transportation97.1
Healthcare89.3
Utilities86.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$762
per month
2 Bedroom
$1,000
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 74.0. A single adult needs to earn approximately $36,086 per year to cover basic expenses.