Saks, AL Cost Of Living
Cost Of Living In Saks, AL Summary
Cost of living in Saks 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 Saks 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 Saks is 83, with 100 being the average.
The cost of living index in Saks is 0.8x lower than the national average.
Saks ranks as the #13 cheapest in Alabama out of 115.
Saks ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Saks is $92,100.
The median income in Saks is $51,135.
Table Of Contents
Saks's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Saks, AL?
According to the most recent data on the cost of living, Saks has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Alabama, Saks has a cost of living index that's 0.9x lower than Alabama's index of 88.
The standard of living in Saks ranks as #13 most affordable out of the 115 places we measured in Alabama. By definition, that implies Saks ranks as the #102 most expensive place in the Heart of Dixie.
For more reading on life in Saks, check out:
- Living In Saks
- Search Homes For Sale In Saks, AL
In Alabama
In America
Saks Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Saks. Here is how it fairs on each of the criteria:
The Services index in Saks is 87.
The Groceries index in Saks is 86.
The Health index in Saks is 81.
The Housing index in Saks is 53.
The Transportation index in Saks is 88.
The Utilities index in Saks is 125.
| Living Expense | Saks | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 83 | 88 | 100 | |
| Services | 87 | 95 | 100 | |
| Groceries | 86 | 97 | 100 | |
| Health | 81 | 88 | 100 | |
| Housing | 53 | 69 | 100 | |
| Transportation | 88 | 90 | 100 | |
| Utilities | 125 | 101 | 100 | |
Saks, AL Housing Cost Breakdown
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 Saks is $92,100.
The Median Rent in Saks is $833.
The Median Income in Saks is $51,135.
The Home Value To Income in Saks is 1.8x.
The Rent To Monthly Income in Saks is 0.2x.
| Statistic | Saks | Alabama | United States |
|---|---|---|---|
| Median Home Value | $92,100 | $157,100 | $244,900 |
| Median Rent | $833 | $852 | $1,163 |
| Median Income | $51,135 | $54,943 | $69,021 |
| Home Value To Income | 1.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Saks, AL Costs By Category
Detailed Saks Services Costs Vs. Alabama
Detailed Saks Groceries Costs Vs. Alabama
Detailed Saks Health Costs Vs. Alabama
Detailed Saks Transportation Costs Vs. Alabama
Detailed Saks Utilities Costs Vs. Alabama
Saks SnackAbility
/10
Cost Of Living In Cities Around Saks
The cost of living varies in the cities and towns around Saks. Here's a quick look at the cost of living in the most populous nearby places:
Gadsden, AL has a cost of living index of 81, 1.0x Saks.
Oxford, AL has a cost of living index of 88, 1.1x Saks.
Anniston, AL has a cost of living index of 84, 1.0x Saks.
| City | Population | Cost Of Living | Vs. Saks |
|---|---|---|---|
| Gadsden, AL | 34,317 | 81 | 1.0x |
| Oxford, AL | 22,210 | 88 | 1.1x |
| Anniston, AL | 21,455 | 84 | 1.0x |
| Talladega, AL | 15,782 | 80 | 1.0x |
| Irondale, AL | 13,457 | 91 | 1.1x |
| Moody, AL | 13,100 | 92 | 1.1x |
| Jacksonville, AL | 13,076 | 86 | 1.0x |
| Sylacauga, AL | 12,512 | 90 | 1.1x |
| Cedartown, GA | 10,091 | 82 | 1.0x |
| Bremen, GA | 7,066 | 89 | 1.1x |
