Albany, OR vs Sherwood, OR

There is a significant gap in the cost of living between these two cities. Albany is 26.5% cheaper than Sherwood. With a cost index of 105 vs 143, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Albany to Sherwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Albany is $1,311/month compared to $1,967/month in Sherwood — a 33% difference. Home values follow the same pattern: Albany is more affordable at $352,900 median vs $564,200.

Median household income in Albany is $73,809 compared to $110,616 in Sherwood (-33.3%). While Sherwood 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 21.3% in Sherwood.

Climate-wise, both cities share similar average temperatures (52.2°F vs 54.8°F). Albany receives more rainfall at 41.5" per year compared to 39.6" in Sherwood.