Albany, OR vs Medford, OR

Albany, OR and Medford, OR have a very similar cost of living, with only a 2.5% difference in their overall index. Albany scores 105 while Medford scores 108 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 $1,321/month in Medford — a 1% difference. Home values follow the same pattern: Albany is more affordable at $352,900 median vs $387,000.

Median household income in Albany is $73,809 compared to $70,497 in Medford (+4.7%). 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 22.5% in Medford.

Climate-wise, Medford is notably warmer with an average of 55.9°F compared to 52.2°F in Albany. Albany receives more rainfall at 41.5" per year compared to 18.4" in Medford.