Altamont, OR vs Madras, OR

Altamont, OR and Madras, OR have a very similar cost of living, with only a 4.6% difference in their overall index. Altamont scores 85 while Madras scores 89 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 $998/month compared to $942/month in Madras — a 6% difference. Interestingly, home values tell a different story: while Madras has cheaper rent, Altamont actually has lower median home values ($222,600 vs $291,400).

Median household income in Altamont is $56,236 compared to $56,590 in Madras (-0.6%). Madras does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Altamont spend roughly 21.3% of their income on rent, more than the 20% in Madras.

Climate-wise, both cities share similar average temperatures (47.1°F vs 48.9°F). Altamont receives more rainfall at 11.1" per year compared to 8.5" in Madras.