Albany, OR vs Cedar Mill, OR

The cost of living difference between Albany, OR and Cedar Mill, OR is dramatic. Albany is 34.2% cheaper than Cedar Mill, a gap that translates to thousands of dollars per year in household expenses. Albany has a cost index of 105 while Cedar Mill sits at 160, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Albany is $1,311/month compared to $1,780/month in Cedar Mill — a 26% difference. Home values follow the same pattern: Albany is more affordable at $352,900 median vs $839,200.

Median household income in Albany is $73,809 compared to $167,037 in Cedar Mill (-55.8%). While Cedar Mill 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, more than the 12.8% in Cedar Mill.

Climate-wise, both cities share similar average temperatures (52.2°F vs 52.5°F). Albany receives more rainfall at 41.5" per year compared to 35.9" in Cedar Mill.