Cost of Living in Albany, GA
| Cost of Living in Albany, GA | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 37% lower | 51% lower |
| Utilities (Monthly) | 11% lower | 16% lower |
| Food | 14% lower | 16% lower |
| Healthcare | 5% lower | 9% lower |
| Transportation | 1% higher | 3% lower |
| Goods & Services | 34% lower | 12% lower |
The cost of living in Albany, GA is 26% lower than the state average and 23% lower than the national average. Albany, GA housing is 51% cheaper than the U.S average, while utilities are about 16% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 16% cheaper in Albany, GA than in the rest of the country, while clothing costs around 12% less .
Healthcare services such as doctor check-ups and dentistry cost 9% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 12% cheaper in Albany, GA.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Albany is $919, while home prices circle around $283,777.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Albany, energy bills cost around $159.11 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.91 in Albany, a dozen eggs go for around $1.82 and a pound of potatoes circles around $4.88.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Albany, an optometry check-up costs around $122.45, while a dentist appointment is priced $99.57 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.56 in Albany, while getting your tires balanced will run you about $46.32.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $34.77 here. Meanwhile, a pair of women's slacks will set you back around $32.08.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Albany, you should budget around $10.94 a month. When it comes to personal services, a haircut usually goes for $28.22, while dry cleaning costs about $15.23.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Albany, the median household income is $45,201.