Moody, AL Cost Of Living
Cost Of Living In Moody, AL Summary
Cost of living in Moody 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 Moody 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 Moody is 92, with 100 being the average.
The cost of living index in Moody is 0.9x lower than the national average.
Moody ranks as the #68 cheapest in Alabama out of 115.
Moody ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Moody is $177,500.
The median income in Moody is $69,846.
Table Of Contents
Moody's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Moody, AL?
According to the most recent data on the cost of living, Moody has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Alabama, Moody has a cost of living index that's 1.0x higher than Alabama's index of 88.
The standard of living in Moody ranks as #68 most affordable out of the 115 places we measured in Alabama. By definition, that implies Moody ranks as the #47 most expensive place in the Heart of Dixie.
For more reading on life in Moody, check out:
- Living In Moody
- Search Homes For Sale In Moody, AL
In Alabama
In America
Moody Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Moody. Here is how it fairs on each of the criteria:
The Services index in Moody is 103.
The Groceries index in Moody is 92.
The Health index in Moody is 93.
The Housing index in Moody is 81.
The Transportation index in Moody is 95.
The Utilities index in Moody is 103.
| Living Expense | Moody | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 92 | 88 | 100 | |
| Services | 103 | 95 | 100 | |
| Groceries | 92 | 97 | 100 | |
| Health | 93 | 88 | 100 | |
| Housing | 81 | 69 | 100 | |
| Transportation | 95 | 90 | 100 | |
| Utilities | 103 | 101 | 100 | |
Moody, 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 Moody is $177,500.
The Median Rent in Moody is $1,108.
The Median Income in Moody is $69,846.
The Home Value To Income in Moody is 2.5x.
The Rent To Monthly Income in Moody is 0.19x.
| Statistic | Moody | Alabama | United States |
|---|---|---|---|
| Median Home Value | $177,500 | $157,100 | $244,900 |
| Median Rent | $1,108 | $852 | $1,163 |
| Median Income | $69,846 | $54,943 | $69,021 |
| Home Value To Income | 2.5x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Moody, AL Costs By Category
Detailed Moody Services Costs Vs. Alabama
Detailed Moody Groceries Costs Vs. Alabama
Detailed Moody Health Costs Vs. Alabama
Detailed Moody Transportation Costs Vs. Alabama
Detailed Moody Utilities Costs Vs. Alabama
Moody SnackAbility
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Cost Of Living In Cities Around Moody
The cost of living varies in the cities and towns around Moody. 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 Moody.
Vestavia Hills, AL has a cost of living index of 117, 1.3x Moody.
Trussville, AL has a cost of living index of 106, 1.2x Moody.
| City | Population | Cost Of Living | Vs. Moody |
|---|---|---|---|
| Birmingham, AL | 202,234 | 87 | 0.9x |
| Vestavia Hills, AL | 38,504 | 117 | 1.3x |
| Trussville, AL | 25,027 | 106 | 1.2x |
| Mountain Brook, AL | 22,184 | 145 | 1.6x |
| 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 |
| Clay, AL | 10,320 | 95 | 1.0x |
| Grayson Valley, AL | 6,037 | 91 | 1.0x |
