Cost of living in Monroeville 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 Monroeville 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 Monroeville is 85, with 100 being the average.
The cost of living index in Monroeville is 0.8x lower than the national average.
Monroeville ranks as the #23 cheapest in Alabama out of 115.
Monroeville ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Monroeville is $107,900.
The median income in Monroeville is $28,718.
According to the most recent data on the cost of living, Monroeville has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Alabama, Monroeville has a cost of living index that's 1.0x lower than Alabama's index of 88.
The standard of living in Monroeville ranks as #23 most affordable out of the 115 places we measured in Alabama. By definition, that implies Monroeville ranks as the #92 most expensive place in the Heart of Dixie.
For more reading on life in Monroeville, check out:
Six factors go into calculating the cost of living index in Monroeville. Here is how it fairs on each of the criteria:
The Services index in Monroeville is 99.
The Groceries index in Monroeville is 98.
The Health index in Monroeville is 100.
The Housing index in Monroeville is 55.
The Transportation index in Monroeville is 93.
The Utilities index in Monroeville is 101.
Living Expense | Monroeville | Alabama | National Average | |
---|---|---|---|---|
Overall | 85 | 88 | 100 | |
Services | 99 | 95 | 100 | |
Groceries | 98 | 97 | 100 | |
Health | 100 | 88 | 100 | |
Housing | 55 | 69 | 100 | |
Transportation | 93 | 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 Monroeville is $107,900.
The Median Rent in Monroeville is $542.
The Median Income in Monroeville is $28,718.
The Home Value To Income in Monroeville is 3.8x.
The Rent To Monthly Income in Monroeville is 0.23x.
Statistic | Monroeville | Alabama | United States |
---|---|---|---|
Median Home Value | $107,900 | $157,100 | $244,900 |
Median Rent | $542 | $852 | $1,163 |
Median Income | $28,718 | $54,943 | $69,021 |
Home Value To Income | 3.8x | 2.9x | 3.5x |
Rent To Monthly Income | 0.23x | 0.19x | 0.2x |
Item | Monroeville | Alabama |
---|---|---|
Shampoo | $1.01 | $1.06 |
Movie | $11.99 | $10.68 |
Bowling | $18.0 | $14.67 |
Haircut | $16.6 | $18.62 |
Beauty Salon | $36.9 | $39.05 |
Item | Monroeville | Alabama |
---|---|---|
Ground Beef | $4.15 | $4.22 |
Fried Chicken | $1.23 | $1.39 |
Milk | $2.47 | $2.05 |
Potatoes | $3.49 | $3.29 |
Pizza | $9.81 | $10.62 |
Beer | $9.62 | $9.38 |
Toothpaste | $1.84 | $2.34 |
Item | Monroeville | Alabama |
---|---|---|
Optometrist | $127.1 | $108.57 |
Doctor | $104.19 | $116.17 |
Dentist | $107.84 | $99.13 |
Item | Monroeville | Alabama |
---|---|---|
Gasoline | $2.01 | $2.22 |
Tire Balancing | $48.1 | $50.07 |
Item | Monroeville | Alabama |
---|---|---|
All Electricity | $164.41 | $167.67 |
Phone | $181.81 | $175.64 |
The cost of living varies in the cities and towns around Monroeville. Here's a quick look at the cost of living in the most populous nearby places:
Atmore, AL has a cost of living index of 85, 1.0x Monroeville.
Whitfield, PA has a cost of living index of 105, 1.2x Monroeville.
City | Population | Cost Of Living | Vs. Monroeville |
---|---|---|---|
Atmore, AL | 8,734 | 85 | 1.0x |
Whitfield, PA | 5,275 | 105 | 1.2x |