The cost of living in Albion, NY, shows a mix of affordability and higher expenses compared to the nationwide average. Housing costs are notably lower, at 77% of the national average, which can be a significant advantage for residents. However, groceries are slightly higher, at 105% of the national average, indicating that food expenses might be a bit more than expected.
Overall, Albion offers a balanced cost of living with some areas being more affordable and others slightly higher. This mix can be beneficial for job seekers looking to balance their budget effectively.
Albion, NY, presents a cost of living that is notably lower than the nationwide average. The housing index in Albion stands at 77, which means it is 23% less expensive than the national average. This lower housing cost can be a significant advantage for job seekers looking to relocate, as it provides more affordability in one of the essential living expenses.
In addition to housing, Albion's grocery costs are slightly higher than the national average, with an index of 105. This represents a 5% increase, indicating that while groceries are not overly expensive, they are not as cheap as in some other areas. Utilities, transportation, healthcare, and miscellaneous costs in Albion are also close to the national average, with indices of 90, 95, 85, and 92, respectively. These figures show that Albion maintains a balanced cost of living, with only minor variations from the national average in these categories.