Albany, OR vs Altamont, OR

There is a significant gap in the cost of living between these two cities. Altamont is 23.7% cheaper than Albany. With a cost index of 85 vs 105, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Altamont to Albany should plan for substantially higher expenses across most categories.

On the housing front, median rent in Albany is $1,311/month compared to $998/month in Altamont — a 31% difference. Home values follow the same pattern: Altamont is more affordable at $222,600 median vs $352,900.

Median household income in Albany is $73,809 compared to $56,236 in Altamont (+31.2%). 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 21.3% of their income on rent, less than the 21.3% in Altamont.

Climate-wise, Albany is notably warmer with an average of 52.2°F compared to 47.1°F in Altamont. Albany receives more rainfall at 41.5" per year compared to 11.1" in Altamont.