Altona, IL vs Gladstone, IL

There is a significant gap in the cost of living between these two cities. Gladstone is 26.2% cheaper than Altona. With a cost index of 53 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gladstone to Altona should plan for substantially higher expenses across most categories.

On the housing front, median rent in Altona is $944/month compared to $493/month in Gladstone — a 92% difference. Home values follow the same pattern: Gladstone is more affordable at $56,800 median vs $89,200.

Median household income in Altona is $67,125 compared to $42,500 in Gladstone (+57.9%). While Altona is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Altona spend roughly 16.9% of their income on rent, more than the 13.9% in Gladstone.