Cost of Living: Albany, GA vs Olcott, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Olcott |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $184,000 | $375,000 |
| Average Rent (2 BR Apartment) | $800 | $Data is updating |
| Average Rent (2 BR House) | $848 | $Data is updating |
Housing Comparison: Albany vs Olcott
- The median home price in Olcott is higher at $375,000, compared to $184,000 in Albany.
- The rent for a two-bedroom apartment is equal in both Albany and Olcott at $800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albany | Olcott |
|---|---|---|
| Electricity Price | $15.53 | $26.08 |
| Natural Gas Price | $27.53 | $18.13 |
| Other Utilities | $150 | $Data is updating |
Utilities Comparison: Albany vs Olcott
- Olcott has higher electricity costs at $26.08 per kWh, versus $15.53 in Albany.
- Natural gas is more expensive in Albany at $27.53 per unit, while it is cheaper at $18.13 in Olcott.
- Utility expenses are equal in both Albany and Olcott averaging $150.