Albia, IA vs Alton, IA
Albia is moderately more affordable than Alton, with a 6% lower cost of living index. Albia scores 67 compared to 71 for Alton, where the US average is 100. This difference means residents of Alton can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Albia is $803/month compared to $750/month in Alton — a 7% difference. Interestingly, home values tell a different story: while Alton has cheaper rent, Albia actually has lower median home values ($132,500 vs $204,600).
Median household income in Albia is $67,791 compared to $86,136 in Alton (-21.3%). While Alton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albia spend roughly 14.2% of their income on rent, more than the 10.4% in Alton.
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