Cost of Living: Altoona, IA vs Fredericksburg, VA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Altoona Fredericksburg
Housing Index 90.0 110.0
Median Home Price $218,000 $342,000
Average Rent (2 BR Apartment) $1200 $1600
Average Rent (2 BR House) $1280 $1650

Housing Comparison: Altoona vs Fredericksburg

  • The median home price in Fredericksburg is higher at $342,000, compared to $218,000 in Altoona.
  • In Fredericksburg, 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 Fredericksburg
Electricity Price $14.82 $15.31
Natural Gas Price $15.61 $19.91
Other Utilities $250 $250

Utilities Comparison: Altoona vs Fredericksburg

  • Fredericksburg has higher electricity costs at $15.31 per kWh, versus $14.82 in Altoona.
  • Fredericksburg experiences higher natural gas costs at $19.91 per unit, with costs at $15.61 in Altoona.
  • Utility expenses are equal in both Altoona and Fredericksburg averaging $250.