Cost of Living: Vero beach, FL vs Albany, OR

Housing

The housing market plays a significant role in determining the cost of living.

Metric Vero beach Albany
Housing Index 115.0 98.0
Median Home Price $280,000 $315,000
Average Rent (2 BR Apartment) $1800 $1400
Average Rent (2 BR House) $1840 $1440

Housing Comparison: Vero beach vs Albany

  • The median home price in Albany is higher at $315,000, compared to $280,000 in Vero beach.
  • Renting a two-bedroom apartment costs more in Vero beach at $1,800 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 Vero beach Albany
Electricity Price $13.89 $15.12
Natural Gas Price $26.13 $16.5
Other Utilities $250 $250

Utilities Comparison: Vero beach vs Albany

  • Albany has higher electricity costs at $15.12 per kWh, versus $13.89 in Vero beach.
  • Natural gas is more expensive in Vero beach at $26.13 per unit, while it is cheaper at $16.5 in Albany.
  • Utility expenses are equal in both Vero beach and Albany averaging $250.