Cost of living in Albany
Albany, located in Oregon, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Albany is crucial for anyone considering moving to or residing in this city.
This guide provides a detailed breakdown of various expenses, including housing, dining, groceries, and transportation, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $11.5 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $60 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $13.5, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $9, imported beer $5 to $9, cappuccino $3.5 to $13, and Coke/Pepsi $2 to $3.29.
Grocery Prices
- Milk - Milk is priced between $0.76 and $1.32 per liter, averaging $1.11.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $3.28 and $6.61, with an average price of $4.33.
- Eggs (Dozen) - A dozen eggs range from $1.99 to $5.99, averaging $3.38.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $5.07 per kg, while oranges range from $2.18 to $6.59 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $2.2 per kg, and lettuce costs $1.5 to $2.29 per head.
Transportation
- Public Transport (One-Way Ticket) - Public transport ticket prices are currently unavailable.
- Fuel (Gasoline) - Gasoline is priced between $1.02 and $1.32 per liter.
- Car Purchase - A new Volkswagen Golf costs between $17,000 and $36,656.56, while a Toyota Corolla ranges from $22,000 to $25,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1300.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $2200.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent for a 3-bedroom apartment averages $2500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $110 and $200, averaging $148.66.
- Internet - Internet services range from $50 to $111, with an average cost of $57.78.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Albany offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Housing costs vary, with city centre apartments being more expensive than those outside the centre.
Transportation costs are primarily driven by fuel prices, as public transport ticket prices are not available.
Conclusion
In conclusion, Albany, OR, presents a balanced cost of living, making it an attractive option for those seeking a blend of affordability and quality of life.
Potential residents should consider housing and transportation costs as significant factors in their budgeting.