Albany, OH vs Fredericktown, OH

Fredericktown is moderately more affordable than Albany, with a 5.9% lower cost of living index. Albany scores 75 compared to 71 for Fredericktown, 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 $1,039/month compared to $805/month in Fredericktown — a 29% difference. Interestingly, home values tell a different story: while Fredericktown has cheaper rent, Albany actually has lower median home values ($140,800 vs $164,500).

Median household income in Albany is $66,518 compared to $64,668 in Fredericktown (+2.9%). Albany does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Albany spend roughly 18.7% of their income on rent, more than the 14.9% in Fredericktown.

Climate-wise, Albany is notably warmer with an average of 54.9°F compared to 50.6°F in Fredericktown. Albany receives more rainfall at 44.2" per year compared to 42.5" in Fredericktown.