Cost of living in Smiths Station 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 Smiths Station 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 Smiths Station is 93, with 100 being the average.
The cost of living index in Smiths Station is 0.9x lower than the national average.
Smiths Station ranks as the #73 cheapest in Alabama out of 115.
Smiths Station ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Smiths Station is $156,200.
The median income in Smiths Station is $53,096.
According to the most recent data on the cost of living, Smiths Station has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Alabama, Smiths Station has a cost of living index that's 1.1x higher than Alabama's index of 88.
The standard of living in Smiths Station ranks as #73 most affordable out of the 115 places we measured in Alabama. By definition, that implies Smiths Station ranks as the #42 most expensive place in the Heart of Dixie.
For more reading on life in Smiths Station, check out:
Six factors go into calculating the cost of living index in Smiths Station. Here is how it fairs on each of the criteria:
The Services index in Smiths Station is 104.
The Groceries index in Smiths Station is 104.
The Health index in Smiths Station is 100.
The Housing index in Smiths Station is 79.
The Transportation index in Smiths Station is 93.
The Utilities index in Smiths Station is 103.
Living Expense | Smiths Station | Alabama | National Average | |
---|---|---|---|---|
Overall | 93 | 88 | 100 | |
Services | 104 | 95 | 100 | |
Groceries | 104 | 97 | 100 | |
Health | 100 | 88 | 100 | |
Housing | 79 | 69 | 100 | |
Transportation | 93 | 90 | 100 | |
Utilities | 103 | 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 Smiths Station is $156,200.
The Median Rent in Smiths Station is $829.
The Median Income in Smiths Station is $53,096.
The Home Value To Income in Smiths Station is 2.9x.
The Rent To Monthly Income in Smiths Station is 0.19x.
Statistic | Smiths Station | Alabama | United States |
---|---|---|---|
Median Home Value | $156,200 | $157,100 | $244,900 |
Median Rent | $829 | $852 | $1,163 |
Median Income | $53,096 | $54,943 | $69,021 |
Home Value To Income | 2.9x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Item | Smiths Station | Alabama |
---|---|---|
Shampoo | $1.28 | $1.06 |
Movie | $12.16 | $10.68 |
Bowling | $18.33 | $14.67 |
Haircut | $18.17 | $18.62 |
Beauty Salon | $35.11 | $39.05 |
Item | Smiths Station | Alabama |
---|---|---|
Ground Beef | $4.8 | $4.22 |
Fried Chicken | $1.77 | $1.39 |
Milk | $1.8 | $2.05 |
Potatoes | $4.21 | $3.29 |
Pizza | $11.07 | $10.62 |
Beer | $9.76 | $9.38 |
Toothpaste | $2.4 | $2.34 |
Item | Smiths Station | Alabama |
---|---|---|
Optometrist | $77.22 | $108.57 |
Doctor | $111.78 | $116.17 |
Dentist | $102.78 | $99.13 |
Item | Smiths Station | Alabama |
---|---|---|
Gasoline | $1.99 | $2.22 |
Tire Balancing | $47.88 | $50.07 |
Item | Smiths Station | Alabama |
---|---|---|
All Electricity | $179.77 | $167.67 |
Phone | $181.81 | $175.64 |
The cost of living varies in the cities and towns around Smiths Station. Here's a quick look at the cost of living in the most populous nearby places:
Columbus, GA has a cost of living index of 95, 1.0x Smiths Station.
Auburn, AL has a cost of living index of 105, 1.1x Smiths Station.
LaGrange, GA has a cost of living index of 88, 0.9x Smiths Station.
City | Population | Cost Of Living | Vs. Smiths Station |
---|---|---|---|
Columbus, GA | 204,366 | 95 | 1.0x |
Auburn, AL | 74,637 | 105 | 1.1x |
LaGrange, GA | 31,053 | 88 | 0.9x |
Opelika, AL | 30,810 | 96 | 1.0x |
Eufaula, AL | 12,753 | 88 | 0.9x |
Valley, AL | 10,498 | 85 | 0.9x |