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Albany, OR vs Corvallis, OR

105
Albany
Oregon
VS
-10.2%
117
Corvallis
Oregon

Albany is moderately more affordable than Corvallis, with a 10.2% lower cost of living index. Albany scores 105 compared to 117 for Corvallis, where the US average is 100. This difference means residents of Corvallis can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albany is $1,311/month compared to $1,342/month in Corvallis — a 2% difference. Home values follow the same pattern: Albany is more affordable at $352,900 median vs $480,600.

Median household income in Albany is $73,809 compared to $63,807 in Corvallis (+15.7%). Albany offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Albany spend roughly 21.3% of their income on rent, less than the 25.2% in Corvallis.

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

Income & Cost

Cost of Living Index
Albany
105
10% cheaper
Corvallis
117
Median Household Income
Albany
$73,809
14% higher
Corvallis
$63,807

Housing

Median Rent
Albany
$1,311
2% cheaper
Corvallis
$1,342
Median Home Value
Albany
$352,900
27% cheaper
Corvallis
$480,600
Population
Albany
56,773
Corvallis
60,424

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Albany $3.21
Corvallis $3.21
US $3.07
🥚
Eggs (grade A, large)
Albany $2.62
Corvallis $2.62
US $2.50
🥛
Milk (whole)
Albany $4.22
Corvallis $4.22
US $4.03
🍞
Bread (white)
Albany $1.94
Corvallis $1.94
US $1.85
🍗
Chicken breast
Albany $4.34
Corvallis $4.34
US $4.14
Electricity
Albany $0.17
Corvallis $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Albany 52.2°F
Corvallis 52.2°F
Summer High
Albany 82°F
Corvallis 82°F
Winter Low
Albany 34°F
Corvallis 34°F
Rainfall
Albany 41.5"
Corvallis 41.5"
Rainy Days
Albany 143d
Corvallis 143d