Cost of Living in Altoona, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
43.3
100 = national avg
-56.7 vs national average
Living Wage (1 Adult)
$19,033
per year
Living Wage (Family of 4)
$44,987
per year
Cost Index by Category
Housing32.8
Utilities79.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,731
per month
2 Bedroom
$1,972
per month
The overall cost of living index in Altoona is 43.3, which is 56.7% below the national average. Housing costs are below the national average at an index of 32.8. A single adult needs to earn approximately $19,033 per year to cover basic expenses.