Albany cost of living
Prices in the Albany, GA metro area run at 87.7 against a national average of 100, ranking it #341 of 387 metros. Rents there sit at 54.6.
What drives the number
Prices in Albany run at 87.7 where the national average is 100, so about 12.3 per cent below the country as a whole. It ranks #341 of 387 metro areas. Against Georgia as a whole it is 8.6 points less expensive, which is the unusual direction, and it means the expensive part of the state is somewhere else.
Housing is unusually cheap relative to everything else here. Rents sit at 54.6 against goods at 96.3 and other services at 88.3, so the overall figure of 87.7 understates how affordable the housing itself is. Services, which are priced by local wages, are what hold the overall number up.
Low prices only help if pay does not fall by more. Dividing the local median wage by 87.7 is how to check, and the wage pages carry that comparison.
The vertical line is the national average of 100. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, SARPP, 2024.
What the biggest local jobs are really worth
The same pay buys different amounts in different places, so a salary quoted in Albany is not comparable to one quoted elsewhere until it is divided by the local parity. These are the occupations that employ the most people here, with the quoted median alongside what that median is worth at national prices.
| Occupation | Employed | Median pay | Worth nationally | U.S. median |
|---|---|---|---|---|
| Retail Salespersons | 2,040 | $27,080 | $30,878 | $34,580 |
| Fast Food and Counter Workers | 2,000 | $22,780 | $25,975 | $30,480 |
| Customer Service Representatives | 1,740 | $34,990 | $39,897 | $42,830 |
| Laborers and Freight, Stock, and Material Movers, Hand | 1,570 | $34,510 | $39,350 | $38,940 |
| Registered Nurses | 1,380 | $86,560 | $98,700 | $93,600 |
| Cashiers | 1,370 | $25,960 | $29,601 | $31,190 |
| Heavy and Tractor-Trailer Truck Drivers | 1,340 | $55,660 | $63,466 | $57,440 |
| General and Operations Managers | 1,130 | $79,520 | $90,673 | $102,950 |
Pay from the BLS metro survey, adjusted by dividing by the metro parity of 87.7.
Nearby metro areas
| Metro area | All items | Rents | Rank |
|---|---|---|---|
| Atlanta-Sandy Springs-Roswell | 100.1 | 111.0 | #88 |
| Gainesville | 96.8 | 93.5 | #132 |
| Savannah | 95.2 | 86.0 | #164 |
| Hinesville | 93.9 | 79.5 | #183 |
| Warner Robins | 93.8 | 79.2 | #188 |
| Athens-Clarke County | 93.3 | 76.8 | #201 |
Albany: common questions
Is Albany expensive?
Prices are 12.3% below the national average, a parity of 87.7 where the country is 100. It ranks #341 of the 387 metro areas BEA measures. Against Georgia as a whole it is 8.6 points less expensive.
What salary do you need in Albany?
The median worker there earns $40,590, which buys what $46,283 buys nationally once local prices are taken into account. Comparing a salary offer between cities without this adjustment is comparing nothing useful.
Is housing the reason?
Usually. Rents here are at 54.6 against goods at 96.3. Goods barely vary between American cities because most are shipped and priced nationally; housing varies enormously, and it dominates any cost of living comparison.