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Albany, OR vs Redmond, OR

105
Albany
Oregon
VS
-10.2%
117
Redmond
Oregon

Albany is moderately more affordable than Redmond, with a 10.2% lower cost of living index. Albany scores 105 compared to 117 for Redmond, where the US average is 100. This difference means residents of Redmond 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 $1,479/month in Redmond — a 11% difference. Home values follow the same pattern: Albany is more affordable at $352,900 median vs $435,000.

Median household income in Albany is $73,809 compared to $79,789 in Redmond (-7.5%). The higher salaries in Redmond partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Albany spend roughly 21.3% of their income on rent, less than the 22.2% in Redmond.

Climate-wise, Albany is notably warmer with an average of 52.2°F compared to 48.9°F in Redmond. Albany receives more rainfall at 41.5" per year compared to 8.5" in Redmond.

Income & Cost

Cost of Living Index
Albany
105
10% cheaper
Redmond
117
Median Household Income
Albany
$73,809
Redmond
$79,789
7% higher

Housing

Median Rent
Albany
$1,311
11% cheaper
Redmond
$1,479
Median Home Value
Albany
$352,900
19% cheaper
Redmond
$435,000
Population
Albany
56,773
Redmond
35,161

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Albany 52.2°F
Redmond 48.9°F
Summer High
Albany 82°F
Redmond 88°F
Winter Low
Albany 34°F
Redmond 25°F
Rainfall
Albany 41.5"
Redmond 8.5"
Rainy Days
Albany 143d
Redmond 78d