Forestdale, AL Cost Of Living
Cost Of Living In Forestdale, AL Summary
Cost of living in Forestdale 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 Forestdale 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 Forestdale is 92, with 100 being the average.
The cost of living index in Forestdale is 0.9x lower than the national average.
Forestdale ranks as the #68 cheapest in Alabama out of 115.
Forestdale ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Forestdale is $120,300.
The median income in Forestdale is $58,706.
Table Of Contents
Forestdale's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Forestdale, AL?
According to the most recent data on the cost of living, Forestdale has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Alabama, Forestdale has a cost of living index that's 1.0x higher than Alabama's index of 88.
The standard of living in Forestdale ranks as #68 most affordable out of the 115 places we measured in Alabama. By definition, that implies Forestdale ranks as the #47 most expensive place in the Heart of Dixie.
For more reading on life in Forestdale, check out:
- Living In Forestdale
- Search Homes For Sale In Forestdale, AL
In Alabama
In America
Forestdale Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Forestdale. Here is how it fairs on each of the criteria:
The Services index in Forestdale is 102.
The Groceries index in Forestdale is 92.
The Health index in Forestdale is 91.
The Housing index in Forestdale is 71.
The Transportation index in Forestdale is 96.
The Utilities index in Forestdale is 102.
| Living Expense | Forestdale | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 92 | 88 | 100 | |
| Services | 102 | 95 | 100 | |
| Groceries | 92 | 97 | 100 | |
| Health | 91 | 88 | 100 | |
| Housing | 71 | 69 | 100 | |
| Transportation | 96 | 90 | 100 | |
| Utilities | 102 | 101 | 100 | |
Forestdale, 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 Forestdale is $120,300.
The Median Rent in Forestdale is $920.
The Median Income in Forestdale is $58,706.
The Home Value To Income in Forestdale is 2.0x.
The Rent To Monthly Income in Forestdale is 0.19x.
| Statistic | Forestdale | Alabama | United States |
|---|---|---|---|
| Median Home Value | $120,300 | $157,100 | $244,900 |
| Median Rent | $920 | $852 | $1,163 |
| Median Income | $58,706 | $54,943 | $69,021 |
| Home Value To Income | 2.0x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Forestdale, AL Costs By Category
Detailed Forestdale Services Costs Vs. Alabama
| Item | Forestdale | Alabama |
|---|---|---|
| Shampoo | $0.88 | $1.06 |
| Movie | $12.74 | $10.68 |
| Bowling | $15.0 | $14.67 |
| Haircut | $16.76 | $18.62 |
| Beauty Salon | $33.83 | $39.05 |
Detailed Forestdale Groceries Costs Vs. Alabama
| Item | Forestdale | Alabama |
|---|---|---|
| Ground Beef | $4.35 | $4.22 |
| Fried Chicken | $1.38 | $1.39 |
| Milk | $1.92 | $2.05 |
| Potatoes | $3.0 | $3.29 |
| Pizza | $9.76 | $10.62 |
| Beer | $9.12 | $9.38 |
| Toothpaste | $1.8 | $2.34 |
Detailed Forestdale Health Costs Vs. Alabama
| Item | Forestdale | Alabama |
|---|---|---|
| Optometrist | $95.8 | $108.57 |
| Doctor | $77.78 | $116.17 |
| Dentist | $106.79 | $99.13 |
Detailed Forestdale Transportation Costs Vs. Alabama
| Item | Forestdale | Alabama |
|---|---|---|
| Gasoline | $2.03 | $2.22 |
| Tire Balancing | $50.9 | $50.07 |
Detailed Forestdale Utilities Costs Vs. Alabama
| Item | Forestdale | Alabama |
|---|---|---|
| All Electricity | $172.23 | $167.67 |
| Phone | $181.81 | $175.64 |
Forestdale SnackAbility
/10
Cost Of Living In Cities Around Forestdale
The cost of living varies in the cities and towns around Forestdale. 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, 0.9x Forestdale.
Homewood, AL has a cost of living index of 112, 1.2x Forestdale.
Bessemer, AL has a cost of living index of 84, 0.9x Forestdale.
| City | Population | Cost Of Living | Vs. Forestdale |
|---|---|---|---|
| Birmingham, AL | 202,234 | 87 | 0.9x |
| Homewood, AL | 26,206 | 112 | 1.2x |
| Bessemer, AL | 26,171 | 84 | 0.9x |
| Pelham, AL | 24,134 | 99 | 1.1x |
| Hueytown, AL | 16,694 | 91 | 1.0x |
| Center Point, AL | 16,422 | 90 | 1.0x |
| Gardendale, AL | 15,920 | 95 | 1.0x |
| Irondale, AL | 13,457 | 91 | 1.0x |
| Leeds, AL | 12,385 | 94 | 1.0x |
| Fairfield, AL | 10,108 | 85 | 0.9x |
