Altona, IN vs Rome City, IN

Altona, IN and Rome City, IN have a very similar cost of living, with only a 3.7% difference in their overall index. Altona scores 74 while Rome City scores 77 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 $1,075/month compared to $846/month in Rome City — a 27% difference. Interestingly, home values tell a different story: while Rome City has cheaper rent, Altona actually has lower median home values ($111,800 vs $231,300).

Median household income in Altona is $64,232 compared to $72,054 in Rome City (-10.9%). While Rome City 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 14.1% in Rome City.