Cost of Living: Albany, GA vs Lancaster, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Lancaster |
|---|---|---|
| Housing Index | 75.0 | 110.2 |
| Median Home Price | $184,000 | $327,000 |
| Average Rent (2 BR Apartment) | $800 | $1400 |
| Average Rent (2 BR House) | $848 | $1450 |
Housing Comparison: Albany vs Lancaster
- The median home price in Lancaster is higher at $327,000, compared to $184,000 in Albany.
- Renting a two-bedroom apartment costs more in Albany at $800 than in Lancaster at $1,400.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albany | Lancaster |
|---|---|---|
| Electricity Price | $15.53 | $15.31 |
| Natural Gas Price | $27.53 | $19.91 |
| Other Utilities | $150 | $250 |
Utilities Comparison: Albany vs Lancaster
- Electricity costs are higher in Albany at $15.53 per kWh, compared to $15.31 in Lancaster.
- Natural gas is more expensive in Albany at $27.53 per unit, while it is cheaper at $19.91 in Lancaster.
- Lancaster has higher utility expenses, averaging $250, while Albany averages $150.