City Comparison

Albany vs Fayetteville

Cost of Living Comparison · 2026

Albany

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

Fayetteville

North Carolina
81
Very Affordable
$213,000
Median Home
$1,075/mo
Median Rent
$49,800
Median Income

The Verdict

22.2%

Living in Fayetteville costs 22.2% less than Albany. To match the purchasing power of a $75,000 salary in Albany, you would need $61,364 in Fayetteville.

Category-by-Category Breakdown

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

Housing
93
Albany
52
Fayetteville
Groceries
102
Albany
94
Fayetteville
Utilities
107
Albany
98
Fayetteville
Transportation
101
Albany
77
Fayetteville
Healthcare
100
Albany
106
Fayetteville

Salary Equivalence

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

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

Living in Albany vs Fayetteville

Housing Costs

Albany's housing index of 93 is higher Fayetteville's 52, translating to median home prices of $220,000 vs $213,000. The $7,000 difference in home prices means roughly $456 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Albany compared to $1,075/mo in Fayetteville, a monthly difference of $125.

Grocery & Food Costs

Grocery expenses index at 102 in Albany and 94 in Fayetteville. A household spending the national average of $475/month on groceries would pay approximately $485/month in Albany vs $447/month in Fayetteville. Fayetteville offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 107 in Albany and 98 in Fayetteville. Monthly utility bills average approximately $428 in Albany vs $392 in Fayetteville. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 100 in Albany and 106 in Fayetteville. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $43,098 in Albany and $49,800 in Fayetteville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $43,533 and $61,481 respectively. Fayetteville 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 $1,162/month in Fayetteville. In Albany, median rent of $1,200/mo exceeds this threshold, suggesting renters may feel stretched. In Fayetteville, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 41 index points — focus your budget analysis there.

Frequently Asked Questions

Fayetteville 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 Fayetteville, based on the cost of living difference.
Albany's housing index is 93 with median homes at $220,000, while Fayetteville's is 52 with median homes at $213,000.

Moving & Relocation Resources

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