Cost of living in Chickasaw 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 Chickasaw 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 Chickasaw is 86, with 100 being the average.
The cost of living index in Chickasaw is 0.9x lower than the national average.
Chickasaw ranks as the #32 cheapest in Alabama out of 115.
Chickasaw ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Chickasaw is $78,600.
The median income in Chickasaw is $36,196.
According to the most recent data on the cost of living, Chickasaw has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Alabama, Chickasaw has a cost of living index that's 1.0x lower than Alabama's index of 88.
The standard of living in Chickasaw ranks as #32 most affordable out of the 115 places we measured in Alabama. By definition, that implies Chickasaw ranks as the #83 most expensive place in the Heart of Dixie.
For more reading on life in Chickasaw, check out:
Six factors go into calculating the cost of living index in Chickasaw. Here is how it fairs on each of the criteria:
The Services index in Chickasaw is 102.
The Groceries index in Chickasaw is 98.
The Health index in Chickasaw is 104.
The Housing index in Chickasaw is 57.
The Transportation index in Chickasaw is 91.
The Utilities index in Chickasaw is 99.
Living Expense | Chickasaw | Alabama | National Average | |
---|---|---|---|---|
Overall | 86 | 88 | 100 | |
Services | 102 | 95 | 100 | |
Groceries | 98 | 97 | 100 | |
Health | 104 | 88 | 100 | |
Housing | 57 | 69 | 100 | |
Transportation | 91 | 90 | 100 | |
Utilities | 99 | 101 | 100 |
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 Chickasaw is $78,600.
The Median Rent in Chickasaw is $834.
The Median Income in Chickasaw is $36,196.
The Home Value To Income in Chickasaw is 2.2x.
The Rent To Monthly Income in Chickasaw is 0.28x.
Statistic | Chickasaw | Alabama | United States |
---|---|---|---|
Median Home Value | $78,600 | $157,100 | $244,900 |
Median Rent | $834 | $852 | $1,163 |
Median Income | $36,196 | $54,943 | $69,021 |
Home Value To Income | 2.2x | 2.9x | 3.5x |
Rent To Monthly Income | 0.28x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Chickasaw. Here's a quick look at the cost of living in the most populous nearby places:
Mobile, AL has a cost of living index of 88, 1.0x Chickasaw.
Daphne, AL has a cost of living index of 99, 1.2x Chickasaw.
Prichard, AL has a cost of living index of 82, 1.0x Chickasaw.
City | Population | Cost Of Living | Vs. Chickasaw |
---|---|---|---|
Mobile, AL | 187,445 | 88 | 1.0x |
Daphne, AL | 27,088 | 99 | 1.2x |
Prichard, AL | 19,645 | 82 | 1.0x |
Tillmans Corner, AL | 18,313 | 90 | 1.0x |
Saraland, AL | 15,942 | 90 | 1.0x |
Spanish Fort, AL | 9,720 | 106 | 1.2x |
Satsuma, AL | 6,704 | 96 | 1.1x |