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Altoona, IA vs Mason City, IA

90
Altoona
Iowa
VS
+30.5%
69
Mason City
Iowa

The cost of living difference between Altoona, IA and Mason City, IA is dramatic. Mason City is 30.5% cheaper than Altoona, a gap that translates to thousands of dollars per year in household expenses. Altoona has a cost index of 90 while Mason City sits at 69, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Altoona is $1,203/month compared to $874/month in Mason City — a 38% difference. Home values follow the same pattern: Mason City is more affordable at $130,000 median vs $257,300.

Median household income in Altoona is $87,123 compared to $62,369 in Mason City (+39.7%). While Altoona is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Altoona spend roughly 16.6% of their income on rent, less than the 16.8% in Mason City.

Income & Cost

Cost of Living Index
Altoona
90
Mason City
69
23% cheaper
Median Household Income
Altoona
$87,123
28% higher
Mason City
$62,369

Housing

Median Rent
Altoona
$1,203
Mason City
$874
27% cheaper
Median Home Value
Altoona
$257,300
Mason City
$130,000
49% cheaper
Population
Altoona
20,592
Mason City
27,135

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Altoona $2.96
Mason City
US $3.07
🥚
Eggs (grade A, large)
Altoona $2.42
Mason City
US $2.50
🥛
Milk (whole)
Altoona $3.89
Mason City
US $4.03
🍞
Bread (white)
Altoona $1.79
Mason City
US $1.85
🍗
Chicken breast
Altoona $4.00
Mason City
US $4.14
Electricity
Altoona $0.17
Mason City
US $0.19