Altona, IL vs Mineral, IL

Altona, IL and Mineral, IL have a very similar cost of living, with only a 1.8% difference in their overall index. Altona scores 67 while Mineral scores 68 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 Altona is $944/month compared to $1,025/month in Mineral — a 8% difference. Interestingly, home values tell a different story: while Altona has cheaper rent, Mineral actually has lower median home values ($73,900 vs $89,200).

Median household income in Altona is $67,125 compared to $51,250 in Mineral (+31%). Altona offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Altona spend roughly 16.9% of their income on rent, less than the 24% in Mineral.