Alexander City, AL Cost Of Living
Cost Of Living In Alexander City, AL Summary
Cost of living in Alexander City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Alexander City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Alabama, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Alexander City is 86, with 100 being the average.
The cost of living index in Alexander City is 0.9x lower than the national average.
Alexander City ranks as the #32 cheapest in Alabama out of 115.
Alexander City ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Alexander City is $106,800.
The median income in Alexander City is $41,778.
Table Of Contents
Alexander City's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Alexander City, AL?
According to the most recent data on the cost of living, Alexander City has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Alabama, Alexander City has a cost of living index that's 1.0x lower than Alabama's index of 88.
The standard of living in Alexander City ranks as #32 most affordable out of the 115 places we measured in Alabama. By definition, that implies Alexander City ranks as the #83 most expensive place in the Heart of Dixie.
For more reading on life in Alexander City, check out:
- Living In Alexander City
- Alexander City Crime Report
- Search Homes For Sale In Alexander City, AL
In Alabama
In America
Alexander City Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Alexander City. Here is how it fairs on each of the criteria:
The Services index in Alexander City is 102.
The Groceries index in Alexander City is 106.
The Health index in Alexander City is 99.
The Housing index in Alexander City is 57.
The Transportation index in Alexander City is 91.
The Utilities index in Alexander City is 104.
| Living Expense | Alexander City | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 86 | 88 | 100 | |
| Services | 102 | 95 | 100 | |
| Groceries | 106 | 97 | 100 | |
| Health | 99 | 88 | 100 | |
| Housing | 57 | 69 | 100 | |
| Transportation | 91 | 90 | 100 | |
| Utilities | 104 | 101 | 100 | |
Alexander City, AL Housing Cost Breakdown
Housing swings affordability the most between places in Alabama, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Alexander City is $106,800.
The Median Rent in Alexander City is $598.
The Median Income in Alexander City is $41,778.
The Home Value To Income in Alexander City is 2.6x.
The Rent To Monthly Income in Alexander City is 0.17x.
| Statistic | Alexander City | Alabama | United States |
|---|---|---|---|
| Median Home Value | $106,800 | $157,100 | $244,900 |
| Median Rent | $598 | $852 | $1,163 |
| Median Income | $41,778 | $54,943 | $69,021 |
| Home Value To Income | 2.6x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Alexander City, AL Costs By Category
Detailed Alexander City Services Costs Vs. Alabama
| Item | Alexander City | Alabama |
|---|---|---|
| Shampoo | $1.28 | $1.06 |
| Movie | $12.16 | $10.68 |
| Bowling | $18.33 | $14.67 |
| Haircut | $18.17 | $18.62 |
| Beauty Salon | $35.11 | $39.05 |
Detailed Alexander City Groceries Costs Vs. Alabama
| Item | Alexander City | Alabama |
|---|---|---|
| Ground Beef | $4.8 | $4.22 |
| Fried Chicken | $1.77 | $1.39 |
| Milk | $1.8 | $2.05 |
| Potatoes | $4.21 | $3.29 |
| Pizza | $11.07 | $10.62 |
| Beer | $9.76 | $9.38 |
| Toothpaste | $2.4 | $2.34 |
Detailed Alexander City Health Costs Vs. Alabama
| Item | Alexander City | Alabama |
|---|---|---|
| Optometrist | $77.22 | $108.57 |
| Doctor | $111.78 | $116.17 |
| Dentist | $102.78 | $99.13 |
Detailed Alexander City Transportation Costs Vs. Alabama
| Item | Alexander City | Alabama |
|---|---|---|
| Gasoline | $1.99 | $2.22 |
| Tire Balancing | $47.88 | $50.07 |
Detailed Alexander City Utilities Costs Vs. Alabama
| Item | Alexander City | Alabama |
|---|---|---|
| All Electricity | $179.77 | $167.67 |
| Phone | $181.81 | $175.64 |
Alexander City SnackAbility
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