Homewood, AL Cost Of Living
Homewood's Overall Cost Of Living
Higher Than The National Average
In Alabama
In America
What is the cost of living in Homewood, AL?
According to the most recent data on the cost of living, Homewood has an overall cost of living index of 112 which is 1.1x higher than the national index of 100.
Compared to only Alabama, Homewood has a cost of living index that's 1.2x higher than Alabama's index of 90.
The standard of living in Homewood ranks as #4,298 most affordable out of the 6,418 places we measured in Alabama. By definition, that implies Homewood ranks as the #2,121 most expensive place in the Heart of Dixie.
Homewood Cost Of Living Vs. Alabama
| Living Expense | Homewood | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 112 | 90 | 100 | |
| Services | 103 | 98 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 90 | 92 | 100 | |
| Housing | 145 | 73 | 100 | |
| Transportation | 96 | 91 | 100 | |
| Utilities | 103 | 103 | 100 | |
Homewood, AL Housing Cost Breakdown
Housing swings affordability the most between places in Alabama, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
Detailed Homewood Services Costs Vs. Alabama
Detailed Homewood Groceries Costs Vs. Alabama
Detailed Homewood Health Costs Vs. Alabama
Detailed Homewood Transportation Costs Vs. Alabama
Detailed Homewood Utilities Costs Vs. Alabama
Homewood SnackAbility
/10
Cost Of Living In Cities Around Homewood
| City | Population | Cost Of Living | Vs. Homewood |
|---|---|---|---|
| Birmingham, AL | 210,928 | 87 | 0.8x |
| Hoover, AL | 85,386 | 110 | 1.0x |
| Vestavia Hills, AL | 34,482 | 117 | 1.0x |
| Bessemer, AL | 26,063 | 84 | 0.8x |
| Pelham, AL | 23,707 | 99 | 0.9x |
| Trussville, AL | 22,590 | 106 | 0.9x |
| Mountain Brook, AL | 20,178 | 145 | 1.3x |
| Center Point, AL | 15,971 | 90 | 0.8x |
| Hueytown, AL | 15,446 | 91 | 0.8x |
| Chelsea, AL | 13,599 | 107 | 1.0x |
