Albany, OR vs McMinnville, OR

Albany, OR and McMinnville, OR have a very similar cost of living, with only a 2.9% difference in their overall index. Albany scores 105 while McMinnville scores 109 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 $1,290/month in McMinnville — a 2% difference. Interestingly, home values tell a different story: while McMinnville has cheaper rent, Albany actually has lower median home values ($352,900 vs $391,100).

Median household income in Albany is $73,809 compared to $70,060 in McMinnville (+5.4%). 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 22.1% in McMinnville.

Climate-wise, both cities share similar average temperatures (52.2°F vs 52.9°F). Albany receives more rainfall at 41.5" per year compared to 37.6" in McMinnville.