Cost of living in Demopolis 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 Demopolis 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 Demopolis is 83, with 100 being the average.
The cost of living index in Demopolis is 0.8x lower than the national average.
Demopolis ranks as the #13 cheapest in Alabama out of 115.
Demopolis ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Demopolis is $153,100.
The median income in Demopolis is $40,968.
According to the most recent data on the cost of living, Demopolis has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Alabama, Demopolis has a cost of living index that's 0.9x lower than Alabama's index of 88.
The standard of living in Demopolis ranks as #13 most affordable out of the 115 places we measured in Alabama. By definition, that implies Demopolis ranks as the #102 most expensive place in the Heart of Dixie.
For more reading on life in Demopolis, check out:
Six factors go into calculating the cost of living index in Demopolis. Here is how it fairs on each of the criteria:
The Services index in Demopolis is 92.
The Groceries index in Demopolis is 91.
The Health index in Demopolis is 96.
The Housing index in Demopolis is 57.
The Transportation index in Demopolis is 89.
The Utilities index in Demopolis is 95.
Living Expense | Demopolis | Alabama | National Average | |
---|---|---|---|---|
Overall | 83 | 88 | 100 | |
Services | 92 | 95 | 100 | |
Groceries | 91 | 97 | 100 | |
Health | 96 | 88 | 100 | |
Housing | 57 | 69 | 100 | |
Transportation | 89 | 90 | 100 | |
Utilities | 95 | 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 Demopolis is $153,100.
The Median Rent in Demopolis is $609.
The Median Income in Demopolis is $40,968.
The Home Value To Income in Demopolis is 3.7x.
The Rent To Monthly Income in Demopolis is 0.18x.
Statistic | Demopolis | Alabama | United States |
---|---|---|---|
Median Home Value | $153,100 | $157,100 | $244,900 |
Median Rent | $609 | $852 | $1,163 |
Median Income | $40,968 | $54,943 | $69,021 |
Home Value To Income | 3.7x | 2.9x | 3.5x |
Rent To Monthly Income | 0.18x | 0.19x | 0.2x |