Cost of living in Prichard 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 Prichard 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 Prichard is 82, with 100 being the average.
The cost of living index in Prichard is 0.8x lower than the national average.
Prichard ranks as the #10 cheapest in Alabama out of 115.
Prichard ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Prichard is $69,300.
The median income in Prichard is $32,900.
According to the most recent data on the cost of living, Prichard has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Alabama, Prichard has a cost of living index that's 0.9x lower than Alabama's index of 88.
The standard of living in Prichard ranks as #10 most affordable out of the 115 places we measured in Alabama. By definition, that implies Prichard ranks as the #105 most expensive place in the Heart of Dixie.
For more reading on life in Prichard, check out:
Six factors go into calculating the cost of living index in Prichard. Here is how it fairs on each of the criteria:
The Services index in Prichard is 100.
The Groceries index in Prichard is 95.
The Health index in Prichard is 104.
The Housing index in Prichard is 49.
The Transportation index in Prichard is 93.
The Utilities index in Prichard is 100.
Living Expense | Prichard | Alabama | National Average | |
---|---|---|---|---|
Overall | 82 | 88 | 100 | |
Services | 100 | 95 | 100 | |
Groceries | 95 | 97 | 100 | |
Health | 104 | 88 | 100 | |
Housing | 49 | 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 Prichard is $69,300.
The Median Rent in Prichard is $833.
The Median Income in Prichard is $32,900.
The Home Value To Income in Prichard is 2.1x.
The Rent To Monthly Income in Prichard is 0.3x.
Statistic | Prichard | Alabama | United States |
---|---|---|---|
Median Home Value | $69,300 | $157,100 | $244,900 |
Median Rent | $833 | $852 | $1,163 |
Median Income | $32,900 | $54,943 | $69,021 |
Home Value To Income | 2.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.3x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Prichard. Here's a quick look at the cost of living in the most populous nearby places:
Mobile, AL has a cost of living index of 88, 1.1x Prichard.
Foley, AL has a cost of living index of 94, 1.1x Prichard.
Gautier, MS has a cost of living index of 91, 1.1x Prichard.
City | Population | Cost Of Living | Vs. Prichard |
---|---|---|---|
Mobile, AL | 187,445 | 88 | 1.1x |
Foley, AL | 20,170 | 94 | 1.1x |
Gautier, MS | 18,932 | 91 | 1.1x |
Tillmans Corner, AL | 18,313 | 90 | 1.1x |
Ocean Springs, MS | 18,275 | 92 | 1.1x |
Saraland, AL | 15,942 | 90 | 1.1x |
Spanish Fort, AL | 9,720 | 106 | 1.3x |
Gulf Hills, MS | 8,825 | 94 | 1.1x |
Atmore, AL | 8,734 | 85 | 1.0x |
St. Martin, MS | 7,984 | 90 | 1.1x |