Altamont, KS vs South Hutchinson, KS
South Hutchinson is moderately more affordable than Altamont, with a 10.1% lower cost of living index. Altamont scores 66 compared to 60 for South Hutchinson, where the US average is 100. This difference means residents of Altamont can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Altamont is $940/month compared to $555/month in South Hutchinson — a 69% difference. Interestingly, home values tell a different story: while South Hutchinson has cheaper rent, Altamont actually has lower median home values ($80,000 vs $147,900).
Median household income in Altamont is $61,071 compared to $42,221 in South Hutchinson (+44.6%). 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, more than the 15.8% in South Hutchinson.
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