Cost of living in Ozark 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 Ozark 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 Ozark is 86, with 100 being the average.
The cost of living index in Ozark is 0.9x lower than the national average.
Ozark ranks as the #32 cheapest in Alabama out of 115.
Ozark ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Ozark is $121,400.
The median income in Ozark is $44,014.
According to the most recent data on the cost of living, Ozark has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Alabama, Ozark has a cost of living index that's 1.0x lower than Alabama's index of 88.
The standard of living in Ozark ranks as #32 most affordable out of the 115 places we measured in Alabama. By definition, that implies Ozark ranks as the #83 most expensive place in the Heart of Dixie.
For more reading on life in Ozark, check out:
Six factors go into calculating the cost of living index in Ozark. Here is how it fairs on each of the criteria:
The Services index in Ozark is 100.
The Groceries index in Ozark is 99.
The Health index in Ozark is 99.
The Housing index in Ozark is 55.
The Transportation index in Ozark is 99.
The Utilities index in Ozark is 91.
Living Expense | Ozark | Alabama | National Average | |
---|---|---|---|---|
Overall | 86 | 88 | 100 | |
Services | 100 | 95 | 100 | |
Groceries | 99 | 97 | 100 | |
Health | 99 | 88 | 100 | |
Housing | 55 | 69 | 100 | |
Transportation | 99 | 90 | 100 | |
Utilities | 91 | 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 Ozark is $121,400.
The Median Rent in Ozark is $752.
The Median Income in Ozark is $44,014.
The Home Value To Income in Ozark is 2.8x.
The Rent To Monthly Income in Ozark is 0.21x.
Statistic | Ozark | Alabama | United States |
---|---|---|---|
Median Home Value | $121,400 | $157,100 | $244,900 |
Median Rent | $752 | $852 | $1,163 |
Median Income | $44,014 | $54,943 | $69,021 |
Home Value To Income | 2.8x | 2.9x | 3.5x |
Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Ozark. Here's a quick look at the cost of living in the most populous nearby places:
Dothan, AL has a cost of living index of 89, 1.0x Ozark.
Enterprise, AL has a cost of living index of 95, 1.1x Ozark.
Troy, AL has a cost of living index of 87, 1.0x Ozark.
City | Population | Cost Of Living | Vs. Ozark |
---|---|---|---|
Dothan, AL | 70,318 | 89 | 1.0x |
Enterprise, AL | 28,242 | 95 | 1.1x |
Troy, AL | 17,765 | 87 | 1.0x |
Eufaula, AL | 12,753 | 88 | 1.0x |
Fort Rucker, AL | 5,912 | 108 | 1.3x |