Albany, IL vs Jeffersonville, IL

Jeffersonville is moderately more affordable than Albany, with a 11.4% lower cost of living index. Albany scores 68 compared to 61 for Jeffersonville, where the US average is 100. This difference means residents of Albany can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albany is $721/month compared to $733/month in Jeffersonville — a 2% difference. Interestingly, home values tell a different story: while Albany has cheaper rent, Jeffersonville actually has lower median home values ($59,000 vs $147,800).

Median household income in Albany is $68,750 compared to $38,750 in Jeffersonville (+77.4%). While Albany is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albany spend roughly 12.6% of their income on rent, less than the 22.7% in Jeffersonville.