Housing costs in Altoona?
A typical home costs
$276,900, which is 18.1% less expensive than the national average of
$338,100 and 42.1% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Altoona costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 17.0% more than the state average of
$930.
Can I afford Altoona?
To live comfortably in Altoona, Iowa, a minimum annual income of
$52,920 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Altoona?
The cost of living in Altoona, IA is relatively affordable compared to other cities in the United States. The median home price is about $209,000 and the median rent price is around $860 per month. Additionally, grocery prices are lower than most other places in the country, with an average cost of only $300 per month for basic items such as milk, eggs and bread. Utilities also tend to be more affordable here than in many other areas, and transportation costs are generally quite reasonable as well. All in all, Altoona offers an economical yet comfortable place to live.