Cost of living index

Albany, GA

87.7 / 100

Living in Albany, GA is 12.3% cheaper than the US average — the #341 of 387 highest nationally.

Median rent: $922/mo

Median home value: $148,800

Figures — including the cost index, median rent, and median home value — cover the wider Albany, GA metropolitan area, not individual neighbourhoods or city boundaries.

Seasonal weather

Winter

64° / 41°F

(18° / 5°C)

12.6 in precip

Spring

80° / 55°F

(27° / 13°C)

10.5 in precip

Summer

92° / 72°F

(33° / 22°C)

15 in precip

Fall

80° / 57°F

(27° / 14°C)

8.6 in precip

30-year climate normals (1991–2020) from ALBANY SW GA RGNL AP, via NOAA.

What it costs to live in Albany, GA

The Albany, GA metro area has an overall price level of 87.7 compared with the national average of 100, meaning everyday costs run about 12.3% lower than a typical US metro. Housing tells the sharper story: at 54.6 it is 45.4% below the national average. Housing rents are often one of the largest sources of difference between metro areas, so this figure can have a significant impact when comparing locations.

Cost breakdown

Overall#341 of 387

87.7

Goods#157 of 387

96.3

Housing rents#359 of 387

54.6

Utilities#204 of 387

88.3

Other services#193 of 387

98.7

Albany, GA is moved down the most by housing rents, at 54.6 vs a US average of 100, while the closest to average is other services.

How Albany, GA compares

Other metros in Georgia

Athens, GA93.3 Atlanta, GA100.1 Augusta, GA91.9 Brunswick, GA87.7 Columbus, GA89.3 Dalton, GA89.8 Gainesville, GA96.8 Hinesville, GA93.9

See all 14 metros in Georgia →See the cheapest and most expensive US metros →

Data source

Figures on this page come from the US Bureau of Economic Analysis (BEA) Regional Price Parities dataset, 2024 — the most recent year published. An index of 100 marks the national average; a metro above 100 has higher prices than a typical US metro, below 100 lower. Median rent and median home value are from the US Census Bureau’s American Community Survey (ACS) 2023 5-year estimates, and seasonal weather is from NOAA’s 1991–2020 climate normals. These are regional figures only, not a complete personal budget — they don’t account for individual spending habits, taxes, or household circumstances. See the full methodology for how the index and salary-equivalent estimates are calculated.

Compare My City is an independent project and is not operated by, endorsed by, or affiliated with the Bureau of Economic Analysis, the Census Bureau, or NOAA.

Common questions

Is Albany, GA an expensive place to live?

Albany, GA has an overall cost-of-living index of 87.7, where 100 is the US average. That makes it about 12.3% cheaper than the country as a whole.

Is housing expensive in Albany, GA?

Housing rents in Albany, GA score 54.6 against a US average of 100 — roughly 45.4% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

How does Albany, GA compare to the US average cost of living?

Overall prices in Albany, GA sit at 87.7 versus 100 for the US average, with housing at 54.6. Figures come from the US Bureau of Economic Analysis for 2024.