Cost of Living: Adrian, MI vs Albany, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Adrian | Albany |
|---|---|---|
| Housing Index | 85.3 | 98.0 |
| Median Home Price | $155,000 | $315,000 |
| Average Rent (2 BR Apartment) | $1200 | $1400 |
| Average Rent (2 BR House) | $1245 | $1440 |
Housing Comparison: Adrian vs Albany
- The median home price in Albany is higher at $315,000, compared to $155,000 in Adrian.
- In Albany, the rental for a two-bedroom apartment stands at $1,400, while it is $1,200 in Adrian.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Adrian | Albany |
|---|---|---|
| Electricity Price | $19.88 | $15.12 |
| Natural Gas Price | $15.42 | $16.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Adrian vs Albany
- Electricity costs are higher in Adrian at $19.88 per kWh, compared to $15.12 in Albany.
- Albany experiences higher natural gas costs at $16.5 per unit, with costs at $15.42 in Adrian.
- Utility expenses are equal in both Adrian and Albany averaging $250.