According to the most recent data on the cost of living, Oxford has an overall cost of living index of 88 which is 0.9x lower than the national index of 100.
Compared to only Alabama, Oxford has a cost of living index that's 1.0x lower than Alabama's index of 90.
The standard of living in Oxford ranks as #1,278 most affordable out of the 6,418 places we measured in Alabama. By definition, that implies Oxford ranks as the #5,140 most expensive place in the Heart of Dixie.
|Living Expense||Oxford||Alabama||National Average|
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||$141,500||$149,600||$229,800|
|Home Value To Income||2.2x||2.9x||3.5x|
|Rent To Monthly Income||0.15x||0.19x||0.2x|
|City||Population||Cost Of Living||Vs. Oxford|