Meridianville, AL Cost Of Living
Cost Of Living In Meridianville, AL Summary
Cost of living in Meridianville 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 Meridianville 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 Meridianville is 97, with 100 being the average.
The cost of living index in Meridianville is 1.0x lower than the national average.
Meridianville ranks as the #89 cheapest in Alabama out of 119.
Meridianville ranks as the #2,245 cheapest out of 6,489 in the US.
The median home value in Meridianville is $331,206.
The median income in Meridianville is $93,030.
Table Of Contents
Meridianville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Meridianville, AL?
According to the most recent data on the cost of living, Meridianville has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Alabama, Meridianville has a cost of living index that's 1.1x higher than Alabama's index of 90.
The standard of living in Meridianville ranks as #89 most affordable out of the 119 places we measured in Alabama. By definition, that implies Meridianville ranks as the #30 most expensive place in the Heart of Dixie.
For more reading on life in Meridianville, check out:
In Alabama
In America
Meridianville Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Meridianville. Here is how it fairs on each of the criteria:
The Services index in Meridianville is 98.
The Groceries index in Meridianville is 100.
The Health index in Meridianville is 95.
The Housing index in Meridianville is 98.
The Transportation index in Meridianville is 95.
The Utilities index in Meridianville is 97.
| Living Expense | Meridianville | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 97 | 90 | 100 | |
| Services | 98 | 97 | 100 | |
| Groceries | 100 | 98 | 100 | |
| Health | 95 | 86 | 100 | |
| Housing | 98 | 74 | 100 | |
| Transportation | 95 | 93 | 100 | |
| Utilities | 97 | 102 | 100 | |
Meridianville, 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 Meridianville is $331,206.
The Median Rent in Meridianville is $983.
The Median Income in Meridianville is $93,030.
The Home Value To Income in Meridianville is 3.6x.
The Rent To Monthly Income in Meridianville is 0.13x.
| Statistic | Meridianville | Alabama | United States |
|---|---|---|---|
| Median Home Value | $331,206 | $232,780 | $303,400 |
| Median Rent | $983 | $963 | $1,348 |
| Median Income | $93,030 | $62,027 | $78,538 |
| Home Value To Income | 3.6x | 3.8x | 3.9x |
| Rent To Monthly Income | 0.13x | 0.19x | 0.21x |
Median Home Value
Median Rent
Median Income
Meridianville, AL Costs By Category
Detailed Meridianville Services Costs Vs. Alabama
| Item | Meridianville | Alabama |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $12.52 | $12.13 |
| Bowling | $22.78 | $18 |
| Haircut | $24.45 | $24.26 |
| Beauty Salon | $52.5 | $45.56 |
Detailed Meridianville Groceries Costs Vs. Alabama
| Item | Meridianville | Alabama |
|---|---|---|
| Ground Beef | $6.04 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.33 | $4.93 |
| Pizza | $12.16 | $12.09 |
| Beer | $10.23 | $10.41 |
| Toothpaste | $3.85 | $3.7 |
Detailed Meridianville Health Costs Vs. Alabama
| Item | Meridianville | Alabama |
|---|---|---|
| Optometrist | $104.06 | $125.68 |
| Doctor | $130.44 | $135.78 |
| Dentist | $113.33 | $113.29 |
Detailed Meridianville Transportation Costs Vs. Alabama
| Item | Meridianville | Alabama |
|---|---|---|
| Gasoline | $3.16 | $3.46 |
| Tire Balancing | $61.19 | $59.92 |
Detailed Meridianville Utilities Costs Vs. Alabama
| Item | Meridianville | Alabama |
|---|---|---|
| All Electricity | $191.34 | $193.99 |
| Phone | $188.01 | $192.25 |
Meridianville SnackAbility
/10
Cost Of Living In Cities Around Meridianville
The cost of living varies in the cities and towns around Meridianville. Here's a quick look at the cost of living in the most populous nearby places:
Huntsville, AL has a cost of living index of 99, 1.0x Meridianville.
Madison, AL has a cost of living index of 107, 1.1x Meridianville.
Decatur, AL has a cost of living index of 90, 0.9x Meridianville.
| City | Population | Cost Of Living | Vs. Meridianville |
|---|---|---|---|
| Huntsville, AL | 218,814 | 99 | 1.0x |
| Madison, AL | 58,335 | 107 | 1.1x |
| Decatur, AL | 57,760 | 90 | 0.9x |
| Athens, AL | 27,474 | 91 | 0.9x |
| Albertville, AL | 22,584 | 90 | 0.9x |
| Tullahoma, TN | 20,672 | 95 | 1.0x |
| Scottsboro, AL | 15,641 | 89 | 0.9x |
| Manchester, TN | 12,651 | 85 | 0.9x |
| Lewisburg, TN | 12,607 | 89 | 0.9x |
| Winchester, TN | 9,600 | 94 | 1.0x |
