Cost of living in Pinson 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 Pinson 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 Pinson is 95, with 100 being the average.
The cost of living index in Pinson is 0.9x lower than the national average.
Pinson ranks as the #83 cheapest in Alabama out of 115.
Pinson ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Pinson is $150,800.
The median income in Pinson is $70,393.
According to the most recent data on the cost of living, Pinson has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Alabama, Pinson has a cost of living index that's 1.1x higher than Alabama's index of 88.
The standard of living in Pinson ranks as #83 most affordable out of the 115 places we measured in Alabama. By definition, that implies Pinson ranks as the #32 most expensive place in the Heart of Dixie.
For more reading on life in Pinson, check out:
Six factors go into calculating the cost of living index in Pinson. Here is how it fairs on each of the criteria:
The Services index in Pinson is 103.
The Groceries index in Pinson is 94.
The Health index in Pinson is 90.
The Housing index in Pinson is 80.
The Transportation index in Pinson is 94.
The Utilities index in Pinson is 102.
Living Expense | Pinson | Alabama | National Average | |
---|---|---|---|---|
Overall | 95 | 88 | 100 | |
Services | 103 | 95 | 100 | |
Groceries | 94 | 97 | 100 | |
Health | 90 | 88 | 100 | |
Housing | 80 | 69 | 100 | |
Transportation | 94 | 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 Pinson is $150,800.
The Median Rent in Pinson is $1,137.
The Median Income in Pinson is $70,393.
The Home Value To Income in Pinson is 2.1x.
The Rent To Monthly Income in Pinson is 0.19x.
Statistic | Pinson | Alabama | United States |
---|---|---|---|
Median Home Value | $150,800 | $157,100 | $244,900 |
Median Rent | $1,137 | $852 | $1,163 |
Median Income | $70,393 | $54,943 | $69,021 |
Home Value To Income | 2.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Pinson. 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 Pinson.
Homewood, AL has a cost of living index of 112, 1.2x Pinson.
Trussville, AL has a cost of living index of 106, 1.1x Pinson.
City | Population | Cost Of Living | Vs. Pinson |
---|---|---|---|
Birmingham, AL | 202,234 | 87 | 0.9x |
Homewood, AL | 26,206 | 112 | 1.2x |
Trussville, AL | 25,027 | 106 | 1.1x |
Mountain Brook, AL | 22,184 | 145 | 1.5x |
Center Point, AL | 16,422 | 90 | 0.9x |
Gardendale, AL | 15,920 | 95 | 1.0x |
Irondale, AL | 13,457 | 91 | 1.0x |
Moody, AL | 13,100 | 92 | 1.0x |
Leeds, AL | 12,385 | 94 | 1.0x |
Clay, AL | 10,320 | 95 | 1.0x |