Cost of Living in Albion, OK
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
64.6
100 = national avg
-35.4 vs national average
Living Wage (1 Adult)
$28,427
per year
Living Wage (Family of 4)
$67,192
per year
Cost Index by Category
Housing59.1
Food77.2
Transportation54.5
Healthcare81.8
Utilities78.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$750
per month
2 Bedroom
$937
per month
The overall cost of living index in Albion is 64.6, which is 35.4% below the national average. Housing costs are below the national average at an index of 59.1. A single adult needs to earn approximately $28,427 per year to cover basic expenses.