City Comparison

Albany vs Champaign

Cost of Living Comparison · 2026

Albany

New York
99
Average
$220,000
Median Home
$1,200/mo
Median Rent
$43,098
Median Income

Champaign

Illinois
81
Very Affordable
$215,000
Median Home
$1,100/mo
Median Rent
$56,100
Median Income

The Verdict

22.2%

Champaign is 22.2% less expensive than Albany overall. A household earning $75,000 in Albany would need approximately $61,364 in Champaign to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
93
Albany
83
Champaign
Groceries
102
Albany
98
Champaign
Utilities
107
Albany
106
Champaign
Transportation
101
Albany
99
Champaign
Healthcare
100
Albany
90
Champaign

Salary Equivalence

A $75,000 salary in Albany has the same purchasing power as $61,364 in Champaign.

Conversely, $75,000 in Champaign equals $91,667 in Albany.

Living in Albany vs Champaign

Housing Costs

Albany's housing index of 93 is higher Champaign's 83, translating to median home prices of $220,000 vs $215,000. The $5,000 difference in home prices means roughly $324 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Albany compared to $1,100/mo in Champaign, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 102 in Albany and 98 in Champaign. A household spending the national average of $475/month on groceries would pay approximately $485/month in Albany vs $466/month in Champaign. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 107 in Albany and 106 in Champaign. Monthly utility bills average approximately $428 in Albany vs $424 in Champaign. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 100 in Albany and 90 in Champaign. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $43,098 in Albany and $56,100 in Champaign. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $43,533 and $69,259 respectively. Champaign residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,006/month to housing in Albany vs $1,309/month in Champaign. In Albany, median rent of $1,200/mo exceeds this threshold, suggesting renters may feel stretched. In Champaign, median rent of $1,100/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 10 index points — focus your budget analysis there.

Frequently Asked Questions

Champaign is 22.2% more affordable overall with an index of 81 vs 99.
A $75,000 salary in Albany has equivalent purchasing power to approximately $61,364 in Champaign, based on the cost of living difference.
Albany's housing index is 93 with median homes at $220,000, while Champaign's is 83 with median homes at $215,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases