Cost of living in Clanton 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 Clanton 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 Clanton is 84, with 100 being the average.
The cost of living index in Clanton is 0.8x lower than the national average.
Clanton ranks as the #16 cheapest in Alabama out of 115.
Clanton ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Clanton is $147,600.
The median income in Clanton is $48,051.
According to the most recent data on the cost of living, Clanton has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Alabama, Clanton has a cost of living index that's 1.0x lower than Alabama's index of 88.
The standard of living in Clanton ranks as #16 most affordable out of the 115 places we measured in Alabama. By definition, that implies Clanton ranks as the #99 most expensive place in the Heart of Dixie.
For more reading on life in Clanton, check out:
Six factors go into calculating the cost of living index in Clanton. Here is how it fairs on each of the criteria:
The Services index in Clanton is 93.
The Groceries index in Clanton is 97.
The Health index in Clanton is 81.
The Housing index in Clanton is 65.
The Transportation index in Clanton is 91.
The Utilities index in Clanton is 101.
Living Expense | Clanton | Alabama | National Average | |
---|---|---|---|---|
Overall | 84 | 88 | 100 | |
Services | 93 | 95 | 100 | |
Groceries | 97 | 97 | 100 | |
Health | 81 | 88 | 100 | |
Housing | 65 | 69 | 100 | |
Transportation | 91 | 90 | 100 | |
Utilities | 101 | 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 Clanton is $147,600.
The Median Rent in Clanton is $815.
The Median Income in Clanton is $48,051.
The Home Value To Income in Clanton is 3.1x.
The Rent To Monthly Income in Clanton is 0.2x.
Statistic | Clanton | Alabama | United States |
---|---|---|---|
Median Home Value | $147,600 | $157,100 | $244,900 |
Median Rent | $815 | $852 | $1,163 |
Median Income | $48,051 | $54,943 | $69,021 |
Home Value To Income | 3.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.2x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Clanton. Here's a quick look at the cost of living in the most populous nearby places:
Birmingham, AL has a cost of living index of 87, 1.0x Clanton.
Montgomery, AL has a cost of living index of 86, 1.0x Clanton.
Prattville, AL has a cost of living index of 92, 1.1x Clanton.
City | Population | Cost Of Living | Vs. Clanton |
---|---|---|---|
Birmingham, AL | 202,234 | 87 | 1.0x |
Montgomery, AL | 201,022 | 86 | 1.0x |
Prattville, AL | 37,977 | 92 | 1.1x |
Bessemer, AL | 26,171 | 84 | 1.0x |
Selma, AL | 18,429 | 81 | 1.0x |
Millbrook, AL | 16,675 | 92 | 1.1x |
Calera, AL | 16,126 | 97 | 1.2x |
Irondale, AL | 13,457 | 91 | 1.1x |
Sylacauga, AL | 12,512 | 90 | 1.1x |
Fairfield, AL | 10,108 | 85 | 1.0x |