Altamont, KS vs Lancaster, KS

Altamont, KS and Lancaster, KS have a very similar cost of living, with only a 2.8% difference in their overall index. Altamont scores 66 while Lancaster scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Altamont is $940/month compared to $850/month in Lancaster — a 11% difference. Interestingly, home values tell a different story: while Lancaster has cheaper rent, Altamont actually has lower median home values ($80,000 vs $97,300).

Median household income in Altamont is $61,071 compared to $44,375 in Lancaster (+37.6%). While Altamont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Altamont spend roughly 18.5% of their income on rent, less than the 23% in Lancaster.

Climate-wise, Altamont is notably warmer with an average of 58°F compared to 53.7°F in Lancaster. Altamont receives more rainfall at 37.9" per year compared to 34.8" in Lancaster.