Cost of Living: Malta, MT vs Albany, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Malta | Albany |
|---|---|---|
| Housing Index | 110.0 | 98.0 |
| Median Home Price | $229,000 | $315,000 |
| Average Rent (2 BR Apartment) | $1600 | $1400 |
| Average Rent (2 BR House) | $1640 | $1440 |
Housing Comparison: Malta vs Albany
- The median home price in Albany is higher at $315,000, compared to $229,000 in Malta.
- Renting a two-bedroom apartment costs more in Malta at $1,600 than in Albany 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 | Malta | Albany |
|---|---|---|
| Electricity Price | $13.58 | $15.12 |
| Natural Gas Price | $8.31 | $16.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Malta vs Albany
- Albany has higher electricity costs at $15.12 per kWh, versus $13.58 in Malta.
- Natural gas is more expensive in Malta at $8.31 per unit, while it is cheaper at $16.5 in Albany.
- Utility expenses are equal in both Malta and Albany averaging $250.