Albany, OR vs Hayesville, OR

Albany, OR and Hayesville, OR have a very similar cost of living, with only a 1.2% difference in their overall index. Albany scores 105 while Hayesville scores 104 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Albany is $1,311/month compared to $1,353/month in Hayesville — a 3% difference. Interestingly, home values tell a different story: while Albany has cheaper rent, Hayesville actually has lower median home values ($331,200 vs $352,900).

Median household income in Albany is $73,809 compared to $59,299 in Hayesville (+24.5%). 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 27.4% in Hayesville.

Climate-wise, both cities share similar average temperatures (52.2°F vs 54.1°F). Albany receives more rainfall at 41.5" per year compared to 40.1" in Hayesville.