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Albany, OR vs Lebanon, OR

105
Albany
Oregon
VS
+5.8%
100
Lebanon
Oregon

Lebanon is moderately more affordable than Albany, with a 5.8% lower cost of living index. Albany scores 105 compared to 100 for Lebanon, where the US average is 100. This difference means residents of Albany 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 $1,274/month in Lebanon — a 3% difference. Home values follow the same pattern: Lebanon is more affordable at $295,900 median vs $352,900.

Median household income in Albany is $73,809 compared to $56,740 in Lebanon (+30.1%). 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 26.9% in Lebanon.

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

Income & Cost

Cost of Living Index
Albany
105
Lebanon
100
5% cheaper
Median Household Income
Albany
$73,809
23% higher
Lebanon
$56,740

Housing

Median Rent
Albany
$1,311
Lebanon
$1,274
3% cheaper
Median Home Value
Albany
$352,900
Lebanon
$295,900
16% cheaper
Population
Albany
56,773
Lebanon
18,978

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

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