Housing costs in Altoona?
A typical home costs
$223,000, which is 34.0% less expensive than the national average of
$338,100 and 38.5% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Altoona costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 21.9% cheaper than the state average of
$1,560.
Can I afford Altoona?
To live comfortably in Altoona, Florida, a minimum annual income of
$42,840 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Altoona?
Altoona, FL is a great place to live, with a very affordable cost of living. The median home cost in Altoona is $153,800, much lower than the Florida state average of $237,000. In addition, the cost of living index in Altoona is only 88.2 compared to the US average of 100 - meaning that housing costs are much more affordable in Altoona than they are for most other cities across the country. Property taxes can also be quite low in Altoona; estimates from 2019 showed that property tax rates were 0.78%, well below the 1.05% rate for all of Florida and significantly below the US average rate of 2%. All combined, Altoona offers an incredibly attractive cost of living when compared to other cities nationwide.