Cost of living in Rainsville 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 Rainsville 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 Rainsville is 89, with 100 being the average.
The cost of living index in Rainsville is 0.9x lower than the national average.
Rainsville ranks as the #50 cheapest in Alabama out of 115.
Rainsville ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Rainsville is $161,900.
The median income in Rainsville is $49,375.
According to the most recent data on the cost of living, Rainsville has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Alabama, Rainsville has a cost of living index that's 1.0x higher than Alabama's index of 88.
The standard of living in Rainsville ranks as #50 most affordable out of the 115 places we measured in Alabama. By definition, that implies Rainsville ranks as the #65 most expensive place in the Heart of Dixie.
For more reading on life in Rainsville, check out:
Six factors go into calculating the cost of living index in Rainsville. Here is how it fairs on each of the criteria:
The Services index in Rainsville is 105.
The Groceries index in Rainsville is 98.
The Health index in Rainsville is 99.
The Housing index in Rainsville is 62.
The Transportation index in Rainsville is 97.
The Utilities index in Rainsville is 94.
Living Expense | Rainsville | Alabama | National Average | |
---|---|---|---|---|
Overall | 89 | 88 | 100 | |
Services | 105 | 95 | 100 | |
Groceries | 98 | 97 | 100 | |
Health | 99 | 88 | 100 | |
Housing | 62 | 69 | 100 | |
Transportation | 97 | 90 | 100 | |
Utilities | 94 | 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 Rainsville is $161,900.
The Median Rent in Rainsville is $556.
The Median Income in Rainsville is $49,375.
The Home Value To Income in Rainsville is 3.3x.
The Rent To Monthly Income in Rainsville is 0.14x.
Statistic | Rainsville | Alabama | United States |
---|---|---|---|
Median Home Value | $161,900 | $157,100 | $244,900 |
Median Rent | $556 | $852 | $1,163 |
Median Income | $49,375 | $54,943 | $69,021 |
Home Value To Income | 3.3x | 2.9x | 3.5x |
Rent To Monthly Income | 0.14x | 0.19x | 0.2x |
Item | Rainsville | Alabama |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $9.97 | $10.68 |
Bowling | $19.17 | $14.67 |
Haircut | $18.67 | $18.62 |
Beauty Salon | $33.33 | $39.05 |
Item | Rainsville | Alabama |
---|---|---|
Ground Beef | $5.09 | $4.22 |
Fried Chicken | $1.45 | $1.39 |
Milk | $1.62 | $2.05 |
Potatoes | $2.86 | $3.29 |
Pizza | $11.32 | $10.62 |
Beer | $9.1 | $9.38 |
Toothpaste | $2.2 | $2.34 |
Item | Rainsville | Alabama |
---|---|---|
Optometrist | $109.44 | $108.57 |
Doctor | $112.22 | $116.17 |
Dentist | $100.06 | $99.13 |
Item | Rainsville | Alabama |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $51.41 | $50.07 |
Item | Rainsville | Alabama |
---|---|---|
All Electricity | $156.41 | $167.67 |
Phone | $181.81 | $175.64 |
The cost of living varies in the cities and towns around Rainsville. Here's a quick look at the cost of living in the most populous nearby places:
Rome, GA has a cost of living index of 90, 1.0x Rainsville.
Gadsden, AL has a cost of living index of 81, 0.9x Rainsville.
East Ridge, TN has a cost of living index of 88, 1.0x Rainsville.
City | Population | Cost Of Living | Vs. Rainsville |
---|---|---|---|
Rome, GA | 37,509 | 90 | 1.0x |
Gadsden, AL | 34,317 | 81 | 0.9x |
East Ridge, TN | 21,967 | 88 | 1.0x |
Fort Payne, AL | 14,730 | 85 | 1.0x |
Jacksonville, AL | 13,076 | 86 | 1.0x |
Fort Oglethorpe, GA | 10,196 | 85 | 1.0x |
Cedartown, GA | 10,091 | 82 | 0.9x |
LaFayette, GA | 6,928 | 83 | 0.9x |
Fairview, GA | 5,752 | 80 | 0.9x |