Cost of living in Pell City 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 Pell City 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 Pell City is 89, with 100 being the average.
The cost of living index in Pell City is 0.9x lower than the national average.
Pell City ranks as the #50 cheapest in Alabama out of 115.
Pell City ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Pell City is $205,900.
The median income in Pell City is $58,036.
According to the most recent data on the cost of living, Pell City has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Alabama, Pell City has a cost of living index that's 1.0x higher than Alabama's index of 88.
The standard of living in Pell City ranks as #50 most affordable out of the 115 places we measured in Alabama. By definition, that implies Pell City ranks as the #65 most expensive place in the Heart of Dixie.
For more reading on life in Pell City, check out:
Six factors go into calculating the cost of living index in Pell City. Here is how it fairs on each of the criteria:
The Services index in Pell City is 89.
The Groceries index in Pell City is 88.
The Health index in Pell City is 84.
The Housing index in Pell City is 86.
The Transportation index in Pell City is 87.
The Utilities index in Pell City is 127.
|Living Expense||Pell City||Alabama||National Average|
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 2017-2021. The key points are:
The Median Home Value in Pell City is $205,900.
The Median Rent in Pell City is $973.
The Median Income in Pell City is $58,036.
The Home Value To Income in Pell City is 3.5x.
The Rent To Monthly Income in Pell City is 0.2x.
|Statistic||Pell City||Alabama||United States|
|Median Home Value||$205,900||$157,100||$244,900|
|Home Value To Income||3.5x||2.9x||3.5x|
|Rent To Monthly Income||0.2x||0.19x||0.2x|