Valley, AL Cost Of Living
Cost Of Living In Valley, AL Summary
Cost of living in Valley 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 Valley 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 Valley is 85, with 100 being the average.
The cost of living index in Valley is 0.8x lower than the national average.
Valley ranks as the #23 cheapest in Alabama out of 115.
Valley ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Valley is $100,800.
The median income in Valley is $51,476.
Table Of Contents
Valley's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Valley, AL?
According to the most recent data on the cost of living, Valley has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Alabama, Valley has a cost of living index that's 1.0x lower than Alabama's index of 88.
The standard of living in Valley ranks as #23 most affordable out of the 115 places we measured in Alabama. By definition, that implies Valley ranks as the #92 most expensive place in the Heart of Dixie.
For more reading on life in Valley, check out:
- Living In Valley
- Valley Crime Report
- Search Homes For Sale In Valley, AL
In Alabama
In America
Valley Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Valley. Here is how it fairs on each of the criteria:
The Services index in Valley is 95.
The Groceries index in Valley is 97.
The Health index in Valley is 101.
The Housing index in Valley is 57.
The Transportation index in Valley is 114.
The Utilities index in Valley is 88.
| Living Expense | Valley | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 85 | 88 | 100 | |
| Services | 95 | 95 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 101 | 88 | 100 | |
| Housing | 57 | 69 | 100 | |
| Transportation | 114 | 90 | 100 | |
| Utilities | 88 | 101 | 100 | |
Valley, 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 Valley is $100,800.
The Median Rent in Valley is $892.
The Median Income in Valley is $51,476.
The Home Value To Income in Valley is 2.0x.
The Rent To Monthly Income in Valley is 0.21x.
| Statistic | Valley | Alabama | United States |
|---|---|---|---|
| Median Home Value | $100,800 | $157,100 | $244,900 |
| Median Rent | $892 | $852 | $1,163 |
| Median Income | $51,476 | $54,943 | $69,021 |
| Home Value To Income | 2.0x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Valley, AL Costs By Category
Detailed Valley Services Costs Vs. Alabama
Detailed Valley Groceries Costs Vs. Alabama
Detailed Valley Health Costs Vs. Alabama
Detailed Valley Transportation Costs Vs. Alabama
Detailed Valley Utilities Costs Vs. Alabama
Valley SnackAbility
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Cost Of Living In Cities Around Valley
The cost of living varies in the cities and towns around Valley. 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, 1.1x Valley.
Auburn, AL has a cost of living index of 105, 1.2x Valley.
Newnan, GA has a cost of living index of 99, 1.2x Valley.
| City | Population | Cost Of Living | Vs. Valley |
|---|---|---|---|
| Columbus, GA | 204,366 | 95 | 1.1x |
| Auburn, AL | 74,637 | 105 | 1.2x |
| Newnan, GA | 41,598 | 99 | 1.2x |
| LaGrange, GA | 31,053 | 88 | 1.0x |
| Opelika, AL | 30,810 | 96 | 1.1x |
| Thomaston, GA | 9,665 | 83 | 1.0x |
| Lanett, AL | 6,821 | 81 | 1.0x |
