Housing costs in Albany?
A typical home costs
$205,900, which is 39.1% less expensive than the national average of
$338,100 and 33.2% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Albany costs
$1,050 per month, which is 18.0% cheaper than the national average of
$1,280 and 16.2% more than the state average of
$880.
Can I afford Albany?
To live comfortably in Albany (zip 31721), Georgia, a minimum annual income of
$39,600 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Albany?
The cost of living in Albany, GA (zip code 31721) is quite reasonable. The median home cost in the area is around $98,600, which is lower than the US average of $184,700. Renters can also find more affordable options in Albany with a median rent of $743 per month compared to the national median of $949. The cost of food, health care and transportation are all lower than the US averages as well. Overall, Albany offers a great quality of life for its citizens at an affordable price.