Cost of living in Albany, Indiana

Albany, Indiana has about 2,907 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $105,200.

HUD's fair-market rent for a 2-bedroom in Delaware County is $1,145 a month. That is the county number, not an apartment listing in Albany. It runs from October 2026 through September 2027.

In the Muncie, IN metro area, prices sit at 88.1 when the U.S. average is 100. That is a 2024 BEA index.

Indiana taxes wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not Albany's exact store tax.

Some places in Indiana add a local wage tax. In 2023 the state average was about 0.35% of income. That is not a Albany bill.

In July 2026, a typical Indiana home paid 16.73¢ per kilowatt-hour. That is a state average from EIA, not Albany's bill.

EIA did not publish a 2025 all-grades gas price for Indiana in the table we use.

Among 320 places we list in Indiana with a rent figure, 301 have higher typical rent than Albany.