Cost of Living: Orem, UT vs Albany, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Orem | Albany |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $465,000 | $141,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1640 | $Data is updating |
Housing Comparison: Orem vs Albany
- In Orem, the median home price is higher at $465,000, while in Albany it is $141,000.
- The rent for a two-bedroom apartment is equal in both Orem and Albany at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Orem | Albany |
|---|---|---|
| Electricity Price | $11.5 | $14.89 |
| Natural Gas Price | $14 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Orem vs Albany
- Albany has higher electricity costs at $14.89 per kWh, versus $11.5 in Orem.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Orem and Albany averaging $250.