Enterprise, AL Cost Of Living
Cost Of Living In Enterprise, AL Summary
Cost of living in Enterprise 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 Enterprise 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 Enterprise is 95, with 100 being the average.
The cost of living index in Enterprise is 0.9x lower than the national average.
Enterprise ranks as the #80 cheapest in Alabama out of 119.
Enterprise ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Enterprise is $202,667.
The median income in Enterprise is $68,306.
Table Of Contents
Enterprise's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Enterprise, AL?
According to the most recent data on the cost of living, Enterprise has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Alabama, Enterprise has a cost of living index that's 1.1x higher than Alabama's index of 90.
The standard of living in Enterprise ranks as #80 most affordable out of the 119 places we measured in Alabama. By definition, that implies Enterprise ranks as the #39 most expensive place in the Heart of Dixie.
For more reading on life in Enterprise, check out:
In Alabama
In America
Enterprise Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Enterprise. Here is how it fairs on each of the criteria:
The Services index in Enterprise is 103.
The Groceries index in Enterprise is 94.
The Health index in Enterprise is 96.
The Housing index in Enterprise is 94.
The Transportation index in Enterprise is 90.
The Utilities index in Enterprise is 81.
| Living Expense | Enterprise | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 95 | 90 | 100 | |
| Services | 103 | 97 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 96 | 86 | 100 | |
| Housing | 94 | 74 | 100 | |
| Transportation | 90 | 93 | 100 | |
| Utilities | 81 | 102 | 100 | |
Enterprise, 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 2019-2023. The key points are:
The Median Home Value in Enterprise is $202,667.
The Median Rent in Enterprise is $1,058.
The Median Income in Enterprise is $68,306.
The Home Value To Income in Enterprise is 3.0x.
The Rent To Monthly Income in Enterprise is 0.19x.
| Statistic | Enterprise | Alabama | United States |
|---|---|---|---|
| Median Home Value | $202,667 | $232,780 | $303,400 |
| Median Rent | $1,058 | $963 | $1,348 |
| Median Income | $68,306 | $62,027 | $78,538 |
| Home Value To Income | 3.0x | 3.8x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.21x |
Median Home Value
Median Rent
Median Income
Enterprise, AL Costs By Category
Detailed Enterprise Services Costs Vs. Alabama
| Item | Enterprise | Alabama |
|---|---|---|
| Shampoo | $1.17 | $1.28 |
| Movie | $12.99 | $12.13 |
| Bowling | $20.0 | $18 |
| Haircut | $21.34 | $24.26 |
| Beauty Salon | $52.41 | $45.56 |
Detailed Enterprise Groceries Costs Vs. Alabama
| Item | Enterprise | Alabama |
|---|---|---|
| Ground Beef | $6.17 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.5 | $4.67 |
| Potatoes | $5.2 | $4.93 |
| Pizza | $12.56 | $12.09 |
| Beer | $10.49 | $10.41 |
| Toothpaste | $3.71 | $3.7 |
Detailed Enterprise Health Costs Vs. Alabama
| Item | Enterprise | Alabama |
|---|---|---|
| Optometrist | $107.95 | $125.68 |
| Doctor | $106.49 | $135.78 |
| Dentist | $113.85 | $113.29 |
Detailed Enterprise Transportation Costs Vs. Alabama
| Item | Enterprise | Alabama |
|---|---|---|
| Gasoline | $3.2 | $3.46 |
| Tire Balancing | $47.55 | $59.92 |
Detailed Enterprise Utilities Costs Vs. Alabama
| Item | Enterprise | Alabama |
|---|---|---|
| All Electricity | $142.23 | $193.99 |
| Phone | $188.01 | $192.25 |
Enterprise SnackAbility
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Cost Of Living In Cities Around Enterprise
The cost of living varies in the cities and towns around Enterprise. Here's a quick look at the cost of living in the most populous nearby places:
Dothan, AL has a cost of living index of 94, 1.0x Enterprise.
Troy, AL has a cost of living index of 92, 1.0x Enterprise.
Ozark, AL has a cost of living index of 88, 0.9x Enterprise.
| City | Population | Cost Of Living | Vs. Enterprise |
|---|---|---|---|
| Dothan, AL | 71,118 | 94 | 1.0x |
| Troy, AL | 17,733 | 92 | 1.0x |
| Ozark, AL | 14,348 | 88 | 0.9x |
| Fort Rucker, AL | 5,221 | 106 | 1.1x |
