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2024 BEA RPP All 4 categories Federal source

Altoona, PA

Cost-of-living indicators for Altoona, PA, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 11020 · Data year: 2024 · Rank: #298 of 387

Altoona, PA has a cost of living index of 89.5, meaning it's 10.5% less expensive than the national average. Goods cost 0.7% more, services 7.7% more, and rents are 45.0% below average. A $100K national salary has the purchasing power of $111,723 here.

What the Numbers Mean for Altoona

Altoona ranks #298 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the bottom quartile for cost. With an overall Regional Price Parity of 89.5, Altoona, PA is 10.5% less expensive than the national baseline of 100. The gap between Altoona's most and least expensive categories — services at 107.7 versus rents at 55.0 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $111,723 inside Altoona, while a household needs roughly $89,507 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 55.0 — 45.0% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Altoona's overall index has fallen by 4.4 points, improving relative affordability. For the 2024 data year, goods are indexed at 100.7 and services at 107.7, meaning everyday spending in Altoona is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Altoona Cost Index at a Glance

Altoona all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10089.5

Altoona category breakdown

BEA RPP composition by goods, services, rents, overall

Rents54.978Services107.673Goods100.684Overall89.507

Price Index Summary

Overall

89.5

-10.5 below avg

Goods

100.7

+0.7 above avg

Services

107.7

+7.7 above avg

Rents

55.0

-45.0 below avg

Price Index vs National Average (100)

Overall
National avg

Index 89.5 (-10.5 vs national avg)

Goods
National avg

Index 100.7 (+0.7 vs national avg)

Services
National avg

Index 107.7 (+7.7 vs national avg)

Rents
National avg

Index 55.0 (-45.0 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Services +7.7% (107.7)
Goods +0.7% (100.7)

Below National Average

Rents -45.0% (55.0)
Overall -10.5% (89.5)

Income Adequacy in Altoona

Altoona income adequacy score

$75,000 median income vs RPP 89.5

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$89,507

in Altoona, PA purchasing power

$50,000 nationally
$44,754
$75,000 nationally
$67,130
$125,000 nationally
$111,884
$150,000 nationally
$134,261
$200,000 nationally
$179,014

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 4.4 points over this period.

Year Overall
2008 93.9
2009 91.7
2010 93.7
2011 93.5
2012 92.3
2013 92.8
2014 89.3
2015 92.5
2016 91.5
2017 91.2
2018 91.3
2019 90.7
2020 89.7
2021 89.3
2022 89.0
2023 88.7
2024 89.5

Metros with Similar Cost of Living

These metros have an overall RPP closest to Altoona, PA's index of 89.5.

Related Data for Altoona

Frequently Asked Questions

What is the cost of living in Altoona, PA?
Altoona, PA has a Regional Price Parity (RPP) index of 89.5, meaning it is 10.5% less expensive than the national average. Goods are indexed at 100.7, services at 107.7, and rents at 55.0. It ranks #298 out of 387 U.S. metro areas by overall cost.
What salary do I need in Altoona, PA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $89,507 in Altoona, PA. Conversely, $100K earned in Altoona, PA has the purchasing power of $111,723 at the national average.
How expensive is rent in Altoona, PA?
Rents in Altoona, PA are indexed at 55.0, which is 45.0% below the national average. This makes the area relatively affordable for renters.
Is Altoona, PA getting more expensive?
From 2008 to 2024, Altoona, PA's overall cost index changed by -4.4 points (from 93.9 to 89.5). The cost of living has been declining.
What costs the most in Altoona, PA?
The most expensive category in Altoona, PA is services at 107.7, which is 7.7% above the national average. The most affordable category is rents at 55.0, 45.0% below average.
What metros have a similar cost of living to Altoona, PA?
Metros with the most similar overall cost index include Wichita Falls, Longview, Columbia. These areas have RPP values within a few points of Altoona, PA's 89.5.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page