Albany, OH vs Waynesville, OH

Albany is moderately more affordable than Waynesville, with a 5.8% lower cost of living index. Albany scores 75 compared to 80 for Waynesville, where the US average is 100. This difference means residents of Waynesville 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 $892/month in Waynesville — a 17% difference. Interestingly, home values tell a different story: while Waynesville has cheaper rent, Albany actually has lower median home values ($140,800 vs $241,300).

Median household income in Albany is $66,518 compared to $72,569 in Waynesville (-8.3%). While Waynesville 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 18.7% of their income on rent, more than the 14.8% in Waynesville.