Cost of Living: Albany, OR vs Water valley, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Water valley |
|---|---|---|
| Housing Index | 98.0 | 90.0 |
| Median Home Price | $315,000 | $124,000 |
| Average Rent (2 BR Apartment) | $1400 | $800 |
| Average Rent (2 BR House) | $1440 | $850 |
Housing Comparison: Albany vs Water valley
- In Albany, the median home price is higher at $315,000, while in Water valley it is $124,000.
- In Water valley, the rental for a two-bedroom apartment stands at $800, while it is $1,400 in Albany.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albany | Water valley |
|---|---|---|
| Electricity Price | $15.12 | $13.42 |
| Natural Gas Price | $16.5 | $22.19 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Albany vs Water valley
- Electricity costs are higher in Albany at $15.12 per kWh, compared to $13.42 in Water valley.
- Water valley experiences higher natural gas costs at $22.19 per unit, with costs at $16.5 in Albany.
- Other utility costs are higher in Albany at an average of $250, compared to Water valley with $200.