Cost of living in Center Point 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 Center Point 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 Center Point is 89, with 100 being the average.
The cost of living index in Center Point is 0.9x lower than the national average.
Center Point ranks as the #41 cheapest in Alabama out of 119.
Center Point ranks as the #1,060 cheapest out of 6,489 in the US.
The median home value in Center Point is $151,438.
The median income in Center Point is $52,401.
According to the most recent data on the cost of living, Center Point has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Alabama, Center Point has a cost of living index that's 1.0x lower than Alabama's index of 90.
The standard of living in Center Point ranks as #41 most affordable out of the 119 places we measured in Alabama. By definition, that implies Center Point ranks as the #78 most expensive place in the Heart of Dixie.
For more reading on life in Center Point, check out:
Six factors go into calculating the cost of living index in Center Point. Here is how it fairs on each of the criteria:
The Services index in Center Point is 96.
The Groceries index in Center Point is 95.
The Health index in Center Point is 96.
The Housing index in Center Point is 65.
The Transportation index in Center Point is 93.
The Utilities index in Center Point is 109.
| Living Expense | Center Point | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 89 | 90 | 100 | |
| Services | 96 | 97 | 100 | |
| Groceries | 95 | 98 | 100 | |
| Health | 96 | 86 | 100 | |
| Housing | 65 | 74 | 100 | |
| Transportation | 93 | 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 Center Point is $151,438.
The Median Rent in Center Point is $1,161.
The Median Income in Center Point is $52,401.
The Home Value To Income in Center Point is 2.9x.
The Rent To Monthly Income in Center Point is 0.27x.
| Statistic | Center Point | Alabama | United States |
|---|---|---|---|
| Median Home Value | $151,438 | $232,780 | $303,400 |
| Median Rent | $1,161 | $963 | $1,348 |
| Median Income | $52,401 | $62,027 | $78,538 |
| Home Value To Income | 2.9x | 3.8x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.19x | 0.21x |
| Item | Center Point | Alabama |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $12.54 | $12.13 |
| Bowling | $16.37 | $18 |
| Haircut | $20.07 | $24.26 |
| Beauty Salon | $45.74 | $45.56 |
| Item | Center Point | Alabama |
|---|---|---|
| Ground Beef | $6.01 | $5.84 |
| Fried Chicken | $1.66 | $1.57 |
| Milk | $4.54 | $4.67 |
| Potatoes | $5.23 | $4.93 |
| Pizza | $10.99 | $12.09 |
| Beer | $10.4 | $10.41 |
| Toothpaste | $3.76 | $3.7 |
| Item | Center Point | Alabama |
|---|---|---|
| Optometrist | $92.33 | $125.68 |
| Doctor | $101.83 | $135.78 |
| Dentist | $125.78 | $113.29 |
| Item | Center Point | Alabama |
|---|---|---|
| Gasoline | $3.13 | $3.46 |
| Tire Balancing | $54.52 | $59.92 |
| Item | Center Point | Alabama |
|---|---|---|
| All Electricity | $219.4 | $193.99 |
| Phone | $188.55 | $192.25 |
The cost of living varies in the cities and towns around Center Point. 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 90, 1.0x Center Point.
Homewood, AL has a cost of living index of 123, 1.4x Center Point.
Trussville, AL has a cost of living index of 109, 1.2x Center Point.
| City | Population | Cost Of Living | Vs. Center Point |
|---|---|---|---|
| Birmingham, AL | 199,322 | 90 | 1.0x |
| Homewood, AL | 27,697 | 123 | 1.4x |
| Trussville, AL | 26,182 | 109 | 1.2x |
| Gardendale, AL | 16,110 | 100 | 1.1x |
| Irondale, AL | 13,462 | 96 | 1.1x |
| Moody, AL | 13,378 | 95 | 1.1x |
| Leeds, AL | 12,221 | 95 | 1.1x |
| Clay, AL | 10,288 | 96 | 1.1x |
| Fairfield, AL | 9,846 | 89 | 1.0x |
| Fultondale, AL | 9,753 | 97 | 1.1x |