Housing costs in Altoona?
A typical home costs
$283,500, which is 16.1% less expensive than the national average of
$338,100 and 5.8% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Altoona costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 7.1% cheaper than the state average of
$910.
Can I afford Altoona?
To live comfortably in Altoona, South Dakota, a minimum annual income of
$54,360 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Altoona?
The cost of living in Altoona, SD is relatively low compared to other cities in the United States. According to recent studies, the median home value is approximately $113,000 and the median rental cost is around $735 per month. Groceries and other necessities are also significantly cheaper than in larger cities, with a family of four spending an average of about $1400 per month on food and necessities. Furthermore, utilities like electricity, water and gas are quite affordable as well. All of these factors make Altoona a great place for people looking for an inexpensive place to live.