Cost of living in Moores Mill 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 Moores Mill 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 Moores Mill is 98, with 100 being the average.
The cost of living index in Moores Mill is 1.0x lower than the national average.
Moores Mill ranks as the #92 cheapest in Alabama out of 115.
Moores Mill ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Moores Mill is $200,400.
The median income in Moores Mill is $76,392.
According to the most recent data on the cost of living, Moores Mill has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Alabama, Moores Mill has a cost of living index that's 1.1x higher than Alabama's index of 88.
The standard of living in Moores Mill ranks as #92 most affordable out of the 115 places we measured in Alabama. By definition, that implies Moores Mill ranks as the #23 most expensive place in the Heart of Dixie.
For more reading on life in Moores Mill, check out:
Six factors go into calculating the cost of living index in Moores Mill. Here is how it fairs on each of the criteria:
The Services index in Moores Mill is 104.
The Groceries index in Moores Mill is 98.
The Health index in Moores Mill is 99.
The Housing index in Moores Mill is 88.
The Transportation index in Moores Mill is 95.
The Utilities index in Moores Mill is 96.
Living Expense | Moores Mill | Alabama | National Average | |
---|---|---|---|---|
Overall | 98 | 88 | 100 | |
Services | 104 | 95 | 100 | |
Groceries | 98 | 97 | 100 | |
Health | 99 | 88 | 100 | |
Housing | 88 | 69 | 100 | |
Transportation | 95 | 90 | 100 | |
Utilities | 96 | 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 Moores Mill is $200,400.
The Median Rent in Moores Mill is $990.
The Median Income in Moores Mill is $76,392.
The Home Value To Income in Moores Mill is 2.6x.
The Rent To Monthly Income in Moores Mill is 0.16x.
Statistic | Moores Mill | Alabama | United States |
---|---|---|---|
Median Home Value | $200,400 | $157,100 | $244,900 |
Median Rent | $990 | $852 | $1,163 |
Median Income | $76,392 | $54,943 | $69,021 |
Home Value To Income | 2.6x | 2.9x | 3.5x |
Rent To Monthly Income | 0.16x | 0.19x | 0.2x |
Item | Moores Mill | Alabama |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $9.97 | $10.68 |
Bowling | $19.17 | $14.67 |
Haircut | $18.67 | $18.62 |
Beauty Salon | $33.33 | $39.05 |
Item | Moores Mill | Alabama |
---|---|---|
Ground Beef | $5.09 | $4.22 |
Fried Chicken | $1.45 | $1.39 |
Milk | $1.62 | $2.05 |
Potatoes | $2.86 | $3.29 |
Pizza | $11.32 | $10.62 |
Beer | $9.1 | $9.38 |
Toothpaste | $2.2 | $2.34 |
Item | Moores Mill | Alabama |
---|---|---|
Optometrist | $109.44 | $108.57 |
Doctor | $112.22 | $116.17 |
Dentist | $100.06 | $99.13 |
Item | Moores Mill | Alabama |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $51.41 | $50.07 |
Item | Moores Mill | Alabama |
---|---|---|
All Electricity | $156.41 | $167.67 |
Phone | $181.81 | $175.64 |
The cost of living varies in the cities and towns around Moores Mill. Here's a quick look at the cost of living in the most populous nearby places:
Huntsville, AL has a cost of living index of 98, 1.0x Moores Mill.
Decatur, AL has a cost of living index of 88, 0.9x Moores Mill.
Madison, AL has a cost of living index of 106, 1.1x Moores Mill.
City | Population | Cost Of Living | Vs. Moores Mill |
---|---|---|---|
Huntsville, AL | 210,081 | 98 | 1.0x |
Decatur, AL | 57,303 | 88 | 0.9x |
Madison, AL | 55,551 | 106 | 1.1x |
Athens, AL | 25,213 | 90 | 0.9x |
Tullahoma, TN | 20,599 | 89 | 0.9x |
Cullman, AL | 17,892 | 88 | 0.9x |
Scottsboro, AL | 15,446 | 92 | 0.9x |
Lewisburg, TN | 12,131 | 84 | 0.9x |
Manchester, TN | 11,956 | 85 | 0.9x |
Winchester, TN | 9,299 | 87 | 0.9x |