Meadowbrook, AL Cost Of Living
Cost Of Living In Meadowbrook, AL Summary
Cost of living in Meadowbrook 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 Meadowbrook 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 Meadowbrook is 111, with 100 being the average.
The cost of living index in Meadowbrook is 1.1x higher than the national average.
Meadowbrook ranks as the #111 cheapest in Alabama out of 119.
Meadowbrook ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Meadowbrook is $465,442.
The median income in Meadowbrook is $145,464.
Table Of Contents
Meadowbrook's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Meadowbrook, AL?
According to the most recent data on the cost of living, Meadowbrook has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Alabama, Meadowbrook has a cost of living index that's 1.3x higher than Alabama's index of 87.
The standard of living in Meadowbrook ranks as #111 most affordable out of the 119 places we measured in Alabama. By definition, that implies Meadowbrook ranks as the #8 most expensive place in the Heart of Dixie.
For more reading on life in Meadowbrook, check out:
In Alabama
In America
Meadowbrook Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Meadowbrook. Here is how it fairs on each of the criteria:
The Services index in Meadowbrook is 98.
The Groceries index in Meadowbrook is 98.
The Health index in Meadowbrook is 96.
The Housing index in Meadowbrook is 147.
The Transportation index in Meadowbrook is 90.
The Utilities index in Meadowbrook is 106.
| Living Expense | Meadowbrook | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 111 | 87 | 100 | |
| Services | 98 | 98 | 100 | |
| Groceries | 98 | 94 | 100 | |
| Health | 96 | 88 | 100 | |
| Housing | 147 | 73 | 100 | |
| Transportation | 90 | 90 | 100 | |
| Utilities | 106 | 104 | 100 | |
Meadowbrook, 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 Meadowbrook is $465,442.
The Median Rent in Meadowbrook is $1,276.
The Median Income in Meadowbrook is $145,464.
The Home Value To Income in Meadowbrook is 3.2x.
The Rent To Monthly Income in Meadowbrook is 0.11x.
| Statistic | Meadowbrook | Alabama | United States |
|---|---|---|---|
| Median Home Value | $465,442 | $232,780 | $303,400 |
| Median Rent | $1,276 | $963 | $1,348 |
| Median Income | $145,464 | $62,027 | $78,538 |
| Home Value To Income | 3.2x | 3.8x | 3.9x |
| Rent To Monthly Income | 0.11x | 0.19x | 0.21x |
Median Home Value
Median Rent
Median Income
Meadowbrook, AL Costs By Category
Detailed Meadowbrook Services Costs Vs. Alabama
| Item | Meadowbrook | Alabama |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $12.54 | $12.13 |
| Bowling | $16.37 | $18.0 |
| Haircut | $20.07 | $24.26 |
| Beauty Salon | $45.74 | $45.56 |
Detailed Meadowbrook Groceries Costs Vs. Alabama
| Item | Meadowbrook | 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 Meadowbrook Health Costs Vs. Alabama
| Item | Meadowbrook | Alabama |
|---|---|---|
| Optometrist | $92.33 | $125.68 |
| Doctor | $101.83 | $135.78 |
| Dentist | $125.78 | $113.29 |
Detailed Meadowbrook Transportation Costs Vs. Alabama
| Item | Meadowbrook | Alabama |
|---|---|---|
| Gasoline | $3.13 | $3.46 |
| Tire Balancing | $54.52 | $59.92 |
Detailed Meadowbrook Utilities Costs Vs. Alabama
| Item | Meadowbrook | Alabama |
|---|---|---|
| All Electricity | $219.4 | $193.99 |
| Phone | $188.55 | $192.25 |
Meadowbrook SnackAbility
/10
Cost Of Living In Cities Around Meadowbrook
The cost of living varies in the cities and towns around Meadowbrook. 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, 0.8x Meadowbrook.
Hoover, AL has a cost of living index of 111, 1.0x Meadowbrook.
Vestavia Hills, AL has a cost of living index of 126, 1.1x Meadowbrook.
| City | Population | Cost Of Living | Vs. Meadowbrook |
|---|---|---|---|
| Birmingham, AL | 199,322 | 90 | 0.8x |
| Hoover, AL | 92,401 | 111 | 1.0x |
| Vestavia Hills, AL | 38,704 | 126 | 1.1x |
| Homewood, AL | 27,697 | 123 | 1.1x |
| Bessemer, AL | 25,655 | 88 | 0.8x |
| Pelham, AL | 24,510 | 104 | 0.9x |
| Mountain Brook, AL | 22,160 | 161 | 1.5x |
| Calera, AL | 17,188 | 97 | 0.9x |
| Hueytown, AL | 16,541 | 91 | 0.8x |
| Center Point, AL | 16,125 | 89 | 0.8x |
