Cost of living in Calera 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 Calera 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 Calera is 97, with 100 being the average.
The cost of living index in Calera is 1.0x lower than the national average.
Calera ranks as the #89 cheapest in Alabama out of 119.
Calera ranks as the #2,245 cheapest out of 6,489 in the US.
The median home value in Calera is $253,605.
The median income in Calera is $82,441.
According to the most recent data on the cost of living, Calera has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Alabama, Calera has a cost of living index that's 1.1x higher than Alabama's index of 90.
The standard of living in Calera ranks as #89 most affordable out of the 119 places we measured in Alabama. By definition, that implies Calera ranks as the #30 most expensive place in the Heart of Dixie.
For more reading on life in Calera, check out:
Six factors go into calculating the cost of living index in Calera. Here is how it fairs on each of the criteria:
The Services index in Calera is 99.
The Groceries index in Calera is 98.
The Health index in Calera is 94.
The Housing index in Calera is 97.
The Transportation index in Calera is 89.
The Utilities index in Calera is 109.
| Living Expense | Calera | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 97 | 90 | 100 | |
| Services | 99 | 97 | 100 | |
| Groceries | 98 | 98 | 100 | |
| Health | 94 | 86 | 100 | |
| Housing | 97 | 74 | 100 | |
| Transportation | 89 | 93 | 100 | |
| Utilities | 109 | 102 | 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 2019-2023. The key points are:
The Median Home Value in Calera is $253,605.
The Median Rent in Calera is $1,505.
The Median Income in Calera is $82,441.
The Home Value To Income in Calera is 3.1x.
The Rent To Monthly Income in Calera is 0.22x.
The cost of living varies in the cities and towns around Calera. Here's a quick look at the cost of living in the most populous nearby places:
Hoover, AL has a cost of living index of 111, 1.1x Calera.
Alabaster, AL has a cost of living index of 97, 1.0x Calera.
Pelham, AL has a cost of living index of 104, 1.1x Calera.
| City | Population | Cost Of Living | Vs. Calera |
|---|---|---|---|
| Hoover, AL | 92,401 | 111 | 1.1x |
| Alabaster, AL | 33,633 | 97 | 1.0x |
| Pelham, AL | 24,510 | 104 | 1.1x |
| Helena, AL | 21,452 | 104 | 1.1x |
| Chelsea, AL | 15,731 | 109 | 1.1x |
| Montevallo, AL | 7,429 | 91 | 0.9x |