Housing costs in Altamont?
A typical home costs
$194,500, which is 42.5% less expensive than the national average of
$338,100 and 58.5% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Altamont costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 61.7% cheaper than the state average of
$1,520.
Can I afford Altamont?
To live comfortably in Altamont, Oregon, a minimum annual income of
$37,440 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Altamont?
Altamont, OR is an affordable place to live with a reasonable cost of living. According to BestPlaces's Cost of Living Index, the city's overall cost of living is 14% lower than the national average. Rent prices in Altamont are also very affordable at an estimated 20% lower than the national average. Groceries and restaurants are also reasonably priced when compared to other places around the country. In addition to this, utilities like electricity, heating and water are quite inexpensive as well. Altamont is an ideal place for those looking for a more budget-friendly lifestyle without compromising quality of life.