Cost of Living: Altoona, IA vs Fayetteville, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Altoona | Fayetteville |
|---|---|---|
| Housing Index | 94.2 | 99.5 |
| Median Home Price | $218,000 | $264,000 |
| Average Rent (2 BR Apartment) | $1397 | $1760 |
| Average Rent (2 BR House) | $1519 | $1913 |
Housing Comparison: Altoona vs Fayetteville
- The median home price in Fayetteville is higher at $264,000, compared to $218,000 in Altoona.
- In Fayetteville, the rental for a two-bedroom apartment stands at $1,760, while it is $1,397 in Altoona.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Altoona | Fayetteville |
|---|---|---|
| Electricity Price | $14.82 | $13.72 |
| Natural Gas Price | $15.61 | $Data is updating |
| Other Utilities | $221 | $234 |
Utilities Comparison: Altoona vs Fayetteville
- Electricity costs are higher in Altoona at $14.82 per kWh, compared to $13.72 in Fayetteville.
- Natural gas price data is currently unavailable.
- Fayetteville has higher utility expenses, averaging $234, while Altoona averages $221.