Altona, IN vs Economy, IN

There is a significant gap in the cost of living between these two cities. Economy is 27.8% cheaper than Altona. With a cost index of 58 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Economy to Altona should plan for substantially higher expenses across most categories.

On the housing front, median rent in Altona is $1,075/month compared to $708/month in Economy — a 52% difference. Home values follow the same pattern: Economy is more affordable at $50,000 median vs $111,800.

Median household income in Altona is $64,232 compared to $44,063 in Economy (+45.8%). 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 20.1% of their income on rent, more than the 19.3% in Economy.