Residential comparison · 13 facts
Albany, OR vs Lake Oswego, OR
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Albany needs about $96,500 in Lake Oswego to keep the same lifestyle.
Coming from Lake Oswego, $85,000 of lifestyle costs about $73,500 in Albany.
A few differences
- Lake Oswego is higher on median household income ($141,549 vs $78,114).
- Albany is lower on cost of living index (103 vs 147).
- Albany is lower on 2-bedroom rent ($1,315/mo vs $2,260/mo).
Albany vs Lake Oswego · facet by facet
| Facet | Albany, OR | Lake Oswego, OR |
|---|---|---|
| Median home price | $389,200 | $932,200 |
| 2-bedroom rent | $1,315/mo | $2,260/mo |
| Property tax rate | 0.93% | 0.93% |
| State & local income tax | 7.48% | 7.48% |
| Sales tax | 0% | 0% |
| Cost of living index | 103 | 147 |
| Groceries index | 105 | 105 |
| Utilities | $165/mo | $165/mo |
| Median household income | $78,114 | $141,549 |
| Unemployment rate | 4.2% | 4.2% |
| Crime index | 50/100 | 50/100 |
| School rating | 5.5/10 | 5.5/10 |
| Sunny days / year | 160 days | 160 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Albany, OR · Lake Oswego, OR
Questions & answers
- Is Albany cheaper than Lake Oswego?
- Albany has the lower day-to-day cost index (103 vs 147 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Lake Oswego equals $85,000 in Albany?
- A household earning $85,000 in Albany needs about $96,500 in Lake Oswego to keep the same lifestyle; coming the other way, $85,000 of Lake Oswego lifestyle costs about $73,500 in Albany.