Cost of Living in Albany, OR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
128.5
100 = national avg
+28.5 vs national average
Living Wage (1 Adult)
$56,539
per year
Living Wage (Family of 4)
$133,637
per year
Cost Index by Category
Housing161.6
Food106.4
Transportation112.8
Healthcare105.1
Utilities116.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,236
per month
2 Bedroom
$1,500
per month
The overall cost of living index in Albany is 128.5, which is 28.5% above the national average. Housing costs are above the national average at an index of 161.6. A single adult needs to earn approximately $56,539 per year to cover basic expenses.