Altoona, KS vs Peabody, KS

Altoona, KS and Peabody, KS have a very similar cost of living, with only a 1.8% difference in their overall index. Altoona scores 57 while Peabody scores 58 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 Altoona is $706/month compared to $672/month in Peabody — a 5% difference. Interestingly, home values tell a different story: while Peabody has cheaper rent, Altoona actually has lower median home values ($50,200 vs $73,800).

Median household income in Altoona is $44,107 compared to $52,539 in Peabody (-16%). While Peabody 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 19.2% of their income on rent, more than the 15.3% in Peabody.