Cost of Living: Albany, NY vs Springboro, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Springboro |
|---|---|---|
| Housing Index | 120.0 | 95.0 |
| Median Home Price | $282,000 | $252,000 |
| Average Rent (2 BR Apartment) | $2200 | $1450 |
| Average Rent (2 BR House) | $2496 | $1500 |
Housing Comparison: Albany vs Springboro
- In Albany, the median home price is higher at $282,000, while in Springboro it is $252,000.
- Renting a two-bedroom apartment costs more in Albany at $2,200 than in Springboro at $1,450.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albany | Springboro |
|---|---|---|
| Electricity Price | $26.08 | $15.92 |
| Natural Gas Price | $18.13 | $Data is updating |
| Other Utilities | $250 | $200 |
Utilities Comparison: Albany vs Springboro
- Electricity costs are higher in Albany at $26.08 per kWh, compared to $15.92 in Springboro.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Albany at an average of $250, compared to Springboro with $200.