Albany, GA vs Savannah, GA
There is a significant gap in the cost of living between these two cities. Albany is 26.5% cheaper than Savannah. With a cost index of 67 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Albany to Savannah should plan for substantially higher expenses across most categories.
On the housing front, median rent in Albany is $898/month compared to $1,302/month in Savannah — a 31% difference. Home values follow the same pattern: Albany is more affordable at $118,700 median vs $225,200.
Median household income in Albany is $45,201 compared to $56,782 in Savannah (-20.4%). The higher salaries in Savannah partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Albany spend roughly 23.8% of their income on rent, less than the 27.5% in Savannah.
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