Cost of living in Mountain Brook 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 Mountain Brook 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 Mountain Brook is 145, with 100 being the average.
The cost of living index in Mountain Brook is 1.4x higher than the national average.
Mountain Brook ranks as the #115 cheapest in Alabama out of 115.
Mountain Brook ranks as the #5,721 cheapest out of 6,412 in the US.
The median home value in Mountain Brook is $697,800.
The median income in Mountain Brook is $150,268.
According to the most recent data on the cost of living, Mountain Brook has an overall cost of living index of 145, which is 1.4x higher than the national index of 100.
Compared to Alabama, Mountain Brook has a cost of living index that's 1.6x higher than Alabama's index of 88.
The standard of living in Mountain Brook ranks as #115 most affordable out of the 115 places we measured in Alabama. By definition, that implies Mountain Brook ranks as the #0 most expensive place in the Heart of Dixie.
For more reading on life in Mountain Brook, check out:
Six factors go into calculating the cost of living index in Mountain Brook. Here is how it fairs on each of the criteria:
The Services index in Mountain Brook is 100.
The Groceries index in Mountain Brook is 95.
The Health index in Mountain Brook is 93.
The Housing index in Mountain Brook is 246.
The Transportation index in Mountain Brook is 96.
The Utilities index in Mountain Brook is 102.
Living Expense | Mountain Brook | Alabama | National Average | |
---|---|---|---|---|
Overall | 145 | 88 | 100 | |
Services | 100 | 95 | 100 | |
Groceries | 95 | 97 | 100 | |
Health | 93 | 88 | 100 | |
Housing | 246 | 69 | 100 | |
Transportation | 96 | 90 | 100 | |
Utilities | 102 | 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 Mountain Brook is $697,800.
The Median Rent in Mountain Brook is $1,577.
The Median Income in Mountain Brook is $150,268.
The Home Value To Income in Mountain Brook is 4.6x.
The Rent To Monthly Income in Mountain Brook is 0.13x.
Statistic | Mountain Brook | Alabama | United States |
---|---|---|---|
Median Home Value | $697,800 | $157,100 | $244,900 |
Median Rent | $1,577 | $852 | $1,163 |
Median Income | $150,268 | $54,943 | $69,021 |
Home Value To Income | 4.6x | 2.9x | 3.5x |
Rent To Monthly Income | 0.13x | 0.19x | 0.2x |
Item | Mountain Brook | 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 |
Item | Mountain Brook | 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 |
Item | Mountain Brook | Alabama |
---|---|---|
Optometrist | $95.8 | $108.57 |
Doctor | $77.78 | $116.17 |
Dentist | $106.79 | $99.13 |
Item | Mountain Brook | Alabama |
---|---|---|
Gasoline | $2.03 | $2.22 |
Tire Balancing | $50.9 | $50.07 |
Item | Mountain Brook | Alabama |
---|---|---|
All Electricity | $172.23 | $167.67 |
Phone | $181.81 | $175.64 |
The cost of living varies in the cities and towns around Mountain Brook. 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, 0.6x Mountain Brook.
Hoover, AL has a cost of living index of 110, 0.8x Mountain Brook.
Vestavia Hills, AL has a cost of living index of 117, 0.8x Mountain Brook.
City | Population | Cost Of Living | Vs. Mountain Brook |
---|---|---|---|
Birmingham, AL | 202,234 | 87 | 0.6x |
Hoover, AL | 91,371 | 110 | 0.8x |
Vestavia Hills, AL | 38,504 | 117 | 0.8x |
Homewood, AL | 26,206 | 112 | 0.8x |
Bessemer, AL | 26,171 | 84 | 0.6x |
Trussville, AL | 25,027 | 106 | 0.7x |
Hueytown, AL | 16,694 | 91 | 0.6x |
Center Point, AL | 16,422 | 90 | 0.6x |
Chelsea, AL | 14,710 | 107 | 0.7x |
Irondale, AL | 13,457 | 91 | 0.6x |