Algoma, WI vs Altoona, WI

There is a significant gap in the cost of living between these two cities. Algoma is 19.5% cheaper than Altoona. With a cost index of 69 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Algoma to Altoona should plan for substantially higher expenses across most categories.

On the housing front, median rent in Algoma is $812/month compared to $1,157/month in Altoona — a 30% difference. Home values follow the same pattern: Algoma is more affordable at $143,000 median vs $220,900.

Median household income in Algoma is $62,269 compared to $80,126 in Altoona (-22.3%). While Altoona is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Algoma spend roughly 15.6% of their income on rent, less than the 17.3% in Altoona.