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Cost of Living in Altamont, KS

Population: 996 | Kansas

66
Cost of Living Index
US Average = 100

Altamont is 34% less expensive than the national average.

71
Housing
26
Home Values
89
Regional Price

Cost of Living in Altamont, KS: What You Need to Know

With a cost of living index of 66, Altamont, KS is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 5% below the Kansas state average of 72. Altamont is a small community of 996 residents.

Housing costs are the biggest factor in Altamont's cost of living. The median monthly rent is $940 (29% below the US median of $1,319), and the median home value sits at $80,000 (74% below the national median of $304,900). At current prices, the median home costs roughly 1.3x the median household income — well within traditional affordability guidelines.

The median household income in Altamont is $61,071, which is 19% lower than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Altamont. The area sees an average annual temperature of 58°F, with summers averaging 79°F and winters around 37°F. Annual rainfall totals 37.9 inches spread over roughly 92 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$61,071
vs US Median ($75,149)
-19%

Housing

Median Rent
$940/mo
Median Home Value
$80,000
Median Monthly Housing Cost
$728/mo

Climate in Altamont

NOAA 30-year normals (1991-2020)

58°F
Avg Temperature
37.9"
Rainfall / Year
92d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 45 50 60 70 78 87 91 91 83 72 59 48
Avg °F 34 39 48 58 67 76 81 79 71 59 47 37
Low °F 23 27 36 46 56 66 70 68 59 47 35 26
Rain" 1.0 1.5 2.4 4.1 5.3 4.8 3.8 3.5 4.1 3.4 2.3 1.9

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