Cost of Living: Albany, NY vs Okeechobee, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Okeechobee |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $282,000 | $206,800 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2496 | $1440 |
Housing Comparison: Albany vs Okeechobee
- In Albany, the median home price is higher at $282,000, while in Okeechobee it is $206,800.
- Renting a two-bedroom apartment costs more in Albany at $2,200 than in Okeechobee at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albany | Okeechobee |
|---|---|---|
| Electricity Price | $26.08 | $13.89 |
| Natural Gas Price | $18.13 | $26.13 |
| Other Utilities | $250 | $180 |
Utilities Comparison: Albany vs Okeechobee
- Electricity costs are higher in Albany at $26.08 per kWh, compared to $13.89 in Okeechobee.
- Okeechobee experiences higher natural gas costs at $26.13 per unit, with costs at $18.13 in Albany.
- Other utility costs are higher in Albany at an average of $250, compared to Okeechobee with $180.