Cost of Living in Albany, VT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
119.9
100 = national avg
+19.9 vs national average
Living Wage (1 Adult)
$52,738
per year
Living Wage (Family of 4)
$124,654
per year
Cost Index by Category
Housing103.2
Food123.6
Transportation131.8
Healthcare118.9
Utilities114.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$993
per month
2 Bedroom
$1,184
per month
The overall cost of living index in Albany is 119.9, which is 19.9% above the national average. Housing costs are above the national average at an index of 103.2. A single adult needs to earn approximately $52,738 per year to cover basic expenses.