Talladega, AL Cost Of Living
Cost Of Living In Talladega, AL Summary
Cost of living in Talladega 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 Talladega 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 Talladega is 80, with 100 being the average.
The cost of living index in Talladega is 0.8x lower than the national average.
Talladega ranks as the #2 cheapest in Alabama out of 115.
Talladega ranks as the #211 cheapest out of 6,412 in the US.
The median home value in Talladega is $96,300.
The median income in Talladega is $31,795.
Table Of Contents
Talladega's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Talladega, AL?
According to the most recent data on the cost of living, Talladega has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Alabama, Talladega has a cost of living index that's 0.9x lower than Alabama's index of 88.
The standard of living in Talladega ranks as #2 most affordable out of the 115 places we measured in Alabama. By definition, that implies Talladega ranks as the #113 most expensive place in the Heart of Dixie.
For more reading on life in Talladega, check out:
- Living In Talladega
- Search Homes For Sale In Talladega, AL
In Alabama
In America
Talladega Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Talladega. Here is how it fairs on each of the criteria:
The Services index in Talladega is 91.
The Groceries index in Talladega is 89.
The Health index in Talladega is 83.
The Housing index in Talladega is 50.
The Transportation index in Talladega is 89.
The Utilities index in Talladega is 125.
| Living Expense | Talladega | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 80 | 88 | 100 | |
| Services | 91 | 95 | 100 | |
| Groceries | 89 | 97 | 100 | |
| Health | 83 | 88 | 100 | |
| Housing | 50 | 69 | 100 | |
| Transportation | 89 | 90 | 100 | |
| Utilities | 125 | 101 | 100 | |
Talladega, 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 Talladega is $96,300.
The Median Rent in Talladega is $605.
The Median Income in Talladega is $31,795.
The Home Value To Income in Talladega is 3.0x.
The Rent To Monthly Income in Talladega is 0.23x.
| Statistic | Talladega | Alabama | United States |
|---|---|---|---|
| Median Home Value | $96,300 | $157,100 | $244,900 |
| Median Rent | $605 | $852 | $1,163 |
| Median Income | $31,795 | $54,943 | $69,021 |
| Home Value To Income | 3.0x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Talladega, AL Costs By Category
Detailed Talladega Services Costs Vs. Alabama
Detailed Talladega Groceries Costs Vs. Alabama
Detailed Talladega Health Costs Vs. Alabama
Detailed Talladega Transportation Costs Vs. Alabama
Detailed Talladega Utilities Costs Vs. Alabama
Talladega SnackAbility
/10
Cost Of Living In Cities Around Talladega
The cost of living varies in the cities and towns around Talladega. 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, 1.1x Talladega.
Gadsden, AL has a cost of living index of 81, 1.0x Talladega.
Oxford, AL has a cost of living index of 88, 1.1x Talladega.
| City | Population | Cost Of Living | Vs. Talladega |
|---|---|---|---|
| Birmingham, AL | 202,234 | 87 | 1.1x |
| Gadsden, AL | 34,317 | 81 | 1.0x |
| Oxford, AL | 22,210 | 88 | 1.1x |
| Anniston, AL | 21,455 | 84 | 1.1x |
| Calera, AL | 16,126 | 97 | 1.2x |
| Irondale, AL | 13,457 | 91 | 1.1x |
| Moody, AL | 13,100 | 92 | 1.1x |
| Jacksonville, AL | 13,076 | 86 | 1.1x |
| Sylacauga, AL | 12,512 | 90 | 1.1x |
| Saks, AL | 10,504 | 83 | 1.0x |
