Albany, OH vs Belmont, OH

Albany, OH and Belmont, OH have a very similar cost of living, with only a 4.6% difference in their overall index. Albany scores 75 while Belmont scores 72 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Albany is $1,039/month compared to $1,083/month in Belmont — a 4% difference. Interestingly, home values tell a different story: while Albany has cheaper rent, Belmont actually has lower median home values ($96,300 vs $140,800).

Median household income in Albany is $66,518 compared to $63,929 in Belmont (+4%). The higher salaries in Albany partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Albany spend roughly 18.7% of their income on rent, less than the 20.3% in Belmont.

Climate-wise, both cities share similar average temperatures (54.9°F vs 52.2°F). Albany receives more rainfall at 44.2" per year compared to 37.6" in Belmont.