Grayson Valley, AL Cost Of Living
Cost Of Living In Grayson Valley, AL Summary
Cost of living in Grayson 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 Grayson 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 Grayson Valley is 91, with 100 being the average.
The cost of living index in Grayson Valley is 0.9x lower than the national average.
Grayson Valley ranks as the #55 cheapest in Alabama out of 119.
Grayson Valley ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Grayson Valley is $174,404.
The median income in Grayson Valley is $60,354.
Table Of Contents
Grayson Valley's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Grayson Valley, AL?
According to the most recent data on the cost of living, Grayson Valley has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Alabama, Grayson Valley has a cost of living index that's 1.0x higher than Alabama's index of 90.
The standard of living in Grayson Valley ranks as #55 most affordable out of the 119 places we measured in Alabama. By definition, that implies Grayson Valley ranks as the #64 most expensive place in the Heart of Dixie.
For more reading on life in Grayson Valley, check out:
In Alabama
In America
Grayson Valley Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Grayson Valley. Here is how it fairs on each of the criteria:
The Services index in Grayson Valley is 99.
The Groceries index in Grayson Valley is 96.
The Health index in Grayson Valley is 93.
The Housing index in Grayson Valley is 71.
The Transportation index in Grayson Valley is 93.
The Utilities index in Grayson Valley is 109.
| Living Expense | Grayson Valley | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 91 | 90 | 100 | |
| Services | 99 | 97 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 93 | 86 | 100 | |
| Housing | 71 | 74 | 100 | |
| Transportation | 93 | 93 | 100 | |
| Utilities | 109 | 102 | 100 | |
Grayson 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 2019-2023. The key points are:
The Median Home Value in Grayson Valley is $174,404.
The Median Rent in Grayson Valley is $1,158.
The Median Income in Grayson Valley is $60,354.
The Home Value To Income in Grayson Valley is 2.9x.
The Rent To Monthly Income in Grayson Valley is 0.23x.
| Statistic | Grayson Valley | Alabama | United States |
|---|---|---|---|
| Median Home Value | $174,404 | $232,780 | $303,400 |
| Median Rent | $1,158 | $963 | $1,348 |
| Median Income | $60,354 | $62,027 | $78,538 |
| Home Value To Income | 2.9x | 3.8x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.19x | 0.21x |
Median Home Value
Median Rent
Median Income
Grayson Valley, AL Costs By Category
Detailed Grayson Valley Services Costs Vs. Alabama
| Item | Grayson Valley | 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 |
Detailed Grayson Valley Groceries Costs Vs. Alabama
| Item | Grayson Valley | 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 |
Detailed Grayson Valley Health Costs Vs. Alabama
| Item | Grayson Valley | Alabama |
|---|---|---|
| Optometrist | $92.33 | $125.68 |
| Doctor | $101.83 | $135.78 |
| Dentist | $125.78 | $113.29 |
Detailed Grayson Valley Transportation Costs Vs. Alabama
| Item | Grayson Valley | Alabama |
|---|---|---|
| Gasoline | $3.13 | $3.46 |
| Tire Balancing | $54.52 | $59.92 |
Detailed Grayson Valley Utilities Costs Vs. Alabama
| Item | Grayson Valley | Alabama |
|---|---|---|
| All Electricity | $219.4 | $193.99 |
| Phone | $188.55 | $192.25 |
Grayson Valley SnackAbility
/10
Cost Of Living In Cities Around Grayson Valley
The cost of living varies in the cities and towns around Grayson Valley. 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 Grayson Valley.
Homewood, AL has a cost of living index of 123, 1.4x Grayson Valley.
Trussville, AL has a cost of living index of 109, 1.2x Grayson Valley.
| City | Population | Cost Of Living | Vs. Grayson Valley |
|---|---|---|---|
| Birmingham, AL | 199,322 | 90 | 1.0x |
| Homewood, AL | 27,697 | 123 | 1.4x |
| Trussville, AL | 26,182 | 109 | 1.2x |
| Center Point, AL | 16,125 | 89 | 1.0x |
| Gardendale, AL | 16,110 | 100 | 1.1x |
| Irondale, AL | 13,462 | 96 | 1.1x |
| Moody, AL | 13,378 | 95 | 1.0x |
| Leeds, AL | 12,221 | 95 | 1.0x |
| Clay, AL | 10,288 | 96 | 1.1x |
| Fairfield, AL | 9,846 | 89 | 1.0x |
