Cost of Living: Altoona, IA vs Margate, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Altoona | Margate |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $218,000 | $233,300 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1280 | $2256 |
Housing Comparison: Altoona vs Margate
- The median home price in Margate is higher at $233,300, compared to $218,000 in Altoona.
- In Margate, the rental for a two-bedroom apartment stands at $2,200, 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 | Margate |
|---|---|---|
| Electricity Price | $14.82 | $13.89 |
| Natural Gas Price | $15.61 | $26.13 |
| Other Utilities | $250 | $280 |
Utilities Comparison: Altoona vs Margate
- Electricity costs are higher in Altoona at $14.82 per kWh, compared to $13.89 in Margate.
- Margate experiences higher natural gas costs at $26.13 per unit, with costs at $15.61 in Altoona.
- Margate has higher utility expenses, averaging $280, while Altoona averages $250.