Albany, OR vs Springfield, OR

Springfield is moderately more affordable than Albany, with a 6.2% lower cost of living index. Albany scores 105 compared to 99 for Springfield, 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 $1,201/month in Springfield — a 9% difference. Home values follow the same pattern: Springfield is more affordable at $323,800 median vs $352,900.

Median household income in Albany is $73,809 compared to $67,211 in Springfield (+9.8%). 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 21.4% in Springfield.

Climate-wise, both cities share similar average temperatures (52.2°F vs 53.1°F). Albany receives more rainfall at 41.5" per year compared to 40.8" in Springfield.