Cost of living in Moody 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 Moody 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 Moody is 95, with 100 being the average.
The cost of living index in Moody is 0.9x lower than the national average.
Moody ranks as the #80 cheapest in Alabama out of 119.
Moody ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Moody is $255,384.
The median income in Moody is $86,389.
According to the most recent data on the cost of living, Moody has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Alabama, Moody has a cost of living index that's 1.1x higher than Alabama's index of 90.
The standard of living in Moody ranks as #80 most affordable out of the 119 places we measured in Alabama. By definition, that implies Moody ranks as the #39 most expensive place in the Heart of Dixie.
For more reading on life in Moody, check out:
Six factors go into calculating the cost of living index in Moody. Here is how it fairs on each of the criteria:
The Services index in Moody is 97.
The Groceries index in Moody is 99.
The Health index in Moody is 95.
The Housing index in Moody is 93.
The Transportation index in Moody is 89.
The Utilities index in Moody is 106.
| Living Expense | Moody | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 95 | 90 | 100 | |
| Services | 97 | 97 | 100 | |
| Groceries | 99 | 98 | 100 | |
| Health | 95 | 86 | 100 | |
| Housing | 93 | 74 | 100 | |
| Transportation | 89 | 93 | 100 | |
| Utilities | 106 | 102 | 100 | |
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 Moody is $255,384.
The Median Rent in Moody is $1,463.
The Median Income in Moody is $86,389.
The Home Value To Income in Moody is 3.0x.
The Rent To Monthly Income in Moody is 0.2x.
The cost of living varies in the cities and towns around Moody. 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, 0.9x Moody.
Vestavia Hills, AL has a cost of living index of 126, 1.3x Moody.
Trussville, AL has a cost of living index of 109, 1.1x Moody.
| City | Population | Cost Of Living | Vs. Moody |
|---|---|---|---|
| Birmingham, AL | 199,322 | 90 | 0.9x |
| Vestavia Hills, AL | 38,704 | 126 | 1.3x |
| Trussville, AL | 26,182 | 109 | 1.1x |
| Mountain Brook, AL | 22,160 | 161 | 1.7x |
| Center Point, AL | 16,125 | 89 | 0.9x |
| Gardendale, AL | 16,110 | 100 | 1.1x |
| Irondale, AL | 13,462 | 96 | 1.0x |
| Leeds, AL | 12,221 | 95 | 1.0x |
| Clay, AL | 10,288 | 96 | 1.0x |
| Grayson Valley, AL | 5,882 | 91 | 1.0x |