Cost of living in Northport 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 Northport 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 Northport is 96, with 100 being the average.
The cost of living index in Northport is 1.0x lower than the national average.
Northport ranks as the #87 cheapest in Alabama out of 115.
Northport ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Northport is $196,200.
The median income in Northport is $69,921.
According to the most recent data on the cost of living, Northport has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Alabama, Northport has a cost of living index that's 1.1x higher than Alabama's index of 88.
The standard of living in Northport ranks as #87 most affordable out of the 115 places we measured in Alabama. By definition, that implies Northport ranks as the #28 most expensive place in the Heart of Dixie.
For more reading on life in Northport, check out:
Six factors go into calculating the cost of living index in Northport. Here is how it fairs on each of the criteria:
The Services index in Northport is 101.
The Groceries index in Northport is 92.
The Health index in Northport is 93.
The Housing index in Northport is 84.
The Transportation index in Northport is 93.
The Utilities index in Northport is 100.
Living Expense | Northport | Alabama | National Average | |
---|---|---|---|---|
Overall | 96 | 88 | 100 | |
Services | 101 | 95 | 100 | |
Groceries | 92 | 97 | 100 | |
Health | 93 | 88 | 100 | |
Housing | 84 | 69 | 100 | |
Transportation | 93 | 90 | 100 | |
Utilities | 100 | 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 Northport is $196,200.
The Median Rent in Northport is $870.
The Median Income in Northport is $69,921.
The Home Value To Income in Northport is 2.8x.
The Rent To Monthly Income in Northport is 0.15x.
Statistic | Northport | Alabama | United States |
---|---|---|---|
Median Home Value | $196,200 | $157,100 | $244,900 |
Median Rent | $870 | $852 | $1,163 |
Median Income | $69,921 | $54,943 | $69,021 |
Home Value To Income | 2.8x | 2.9x | 3.5x |
Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Northport. 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 Northport.
Tuscaloosa, AL has a cost of living index of 94, 1.0x Northport.
Homewood, AL has a cost of living index of 112, 1.2x Northport.
City | Population | Cost Of Living | Vs. Northport |
---|---|---|---|
Birmingham, AL | 202,234 | 87 | 0.9x |
Tuscaloosa, AL | 99,252 | 94 | 1.0x |
Homewood, AL | 26,206 | 112 | 1.2x |
Bessemer, AL | 26,171 | 84 | 0.9x |
Pelham, AL | 24,134 | 99 | 1.0x |
Helena, AL | 20,680 | 102 | 1.1x |
Hueytown, AL | 16,694 | 91 | 0.9x |
Jasper, AL | 14,370 | 89 | 0.9x |
Fairfield, AL | 10,108 | 85 | 0.9x |
Pleasant Grove, AL | 9,638 | 98 | 1.0x |