Albany, OR vs Lebanon, OR
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.
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