Cost of Living in Altoona, WI

Population 8,750 · Wisconsin · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Altoona can reasonably expect a home to cost less than three years of household income — $221,000 against $80,126 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 2.2% — below most comparable cities in the state.

Located 75 miles northeast of Rochester, Altoona is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 23% lower than Rochester's $288,000.

Cost Overview

Housing 72
Rent 88

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Altoona

The median home value in Altoona is $220,900 — 28% below the national median of $305,000. Median rent runs $1,157/month, 12% lower than the national median of $1,314/month. The median household income of $80,126/year is 7% higher than the US median of $74,580. The local unemployment rate is 2.2%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 55.2°F and lows of 34.2°F, with about 55.4" of annual snowfall. Overall, Altoona has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$220,900
28% below avg
Zillow Home Value
$545,534
Zillow ZHVI
Median Rent
$1,157/mo
12% below avg
Zillow Rent
$1,425/mo
Zillow ZORI
Price-to-Rent Ratio
15.9x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 55.3%
Renter-occupied 44.7%

💰 Estimated Monthly Budget

Rent median rent
$1,157
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,771/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.0 min
30% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.8%

Commute Mode

Drove alone
77.9%
Carpooled
6.9%
Public transit
0.7%
Walked
1.0%
Bicycle
0.4%
Work from home
12.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$80,126
7% above avg
Per Capita Income
$39,968
Unemployment Rate
2.2%
54% below avg
Poverty Rate
10.9%
Labor Force Participation
67.8%

🎓 Education

Bachelor's degree+ 26.1%
Graduate degree 15.6%

👥 Demographics

Median Age 36.4
Male median age 34.1
Female median age 39.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.2°F
Avg Low
34.2°F
Annual Precip
33"
Annual Snowfall
55.4"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 232841577079838072584229
Low °F 6921334556605849372513
Precip" 1.031.101.973.083.914.833.614.183.652.491.791.35
Snow" 13.511.29.64.30.40.00.00.00.00.74.711.0

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
57.5%
Good air days/yr
164
Max AQI recorded
254
PM2.5 days
110
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
17:1
Student-teacher ratio
4
Public schools
1,702
Total enrollment

Frequently Asked Questions

What is the cost of living in Altoona, WI?

Altoona has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Altoona, WI?

The median gross rent in Altoona is $1,157 per month based on 2023 Census data.

What is the average home price in Altoona?

The median home value in Altoona is $220,900 according to Zillow and Census data.

What is the median income in Altoona?

The median household income in Altoona is $80,126 per year (2023 ACS 5-year estimates).

What is the sales tax in Altoona, WI?

The combined state and local sales tax rate in Altoona is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is Altoona, WI affordable?

Yes, Altoona is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

What is the weather like in Altoona?

Altoona has average high temperatures of 55.2°F and average lows of 34.2°F. Annual precipitation is 33". Average annual snowfall is 55.4". Data from NOAA 1991–2020 Climate Normals.

Altoona at a Glance

Population
8,750
Median Income
$80,126
Home Value
$220,900
Median Rent
$1,157/mo
Unemployment
2.2%
Avg High Temp
55.2°F
Sales Tax
5.4%
View all cities in Wisconsin →
🗺️ County data for Wisconsin

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs