Albany, WI vs Williams Bay, WI

There is a significant gap in the cost of living between these two cities. Albany is 18.2% cheaper than Williams Bay. With a cost index of 73 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Albany to Williams Bay should plan for substantially higher expenses across most categories.

On the housing front, median rent in Albany is $864/month compared to $799/month in Williams Bay — a 8% difference. Interestingly, home values tell a different story: while Williams Bay has cheaper rent, Albany actually has lower median home values ($166,800 vs $397,600).

Median household income in Albany is $71,875 compared to $70,568 in Williams Bay (+1.9%). 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 14.4% of their income on rent, more than the 13.6% in Williams Bay.