Cost of Living: Altoona, IA vs Charlotte, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Altoona | Charlotte |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $218,000 | $364,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1280 | $1640 |
Housing Comparison: Altoona vs Charlotte
- The median home price in Charlotte is higher at $364,000, compared to $218,000 in Altoona.
- In Charlotte, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Altoona.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Altoona | Charlotte |
|---|---|---|
| Electricity Price | $14.82 | $13.72 |
| Natural Gas Price | $15.61 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Altoona vs Charlotte
- Electricity costs are higher in Altoona at $14.82 per kWh, compared to $13.72 in Charlotte.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Altoona and Charlotte averaging $250.