Cost of living in Phenix 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 Phenix 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 Phenix City is 92, with 100 being the average.
The cost of living index in Phenix City is 0.9x lower than the national average.
Phenix City ranks as the #61 cheapest in Alabama out of 119.
Phenix City ranks as the #1,501 cheapest out of 6,489 in the US.
The median home value in Phenix City is $203,613.
The median income in Phenix City is $49,715.
According to the most recent data on the cost of living, Phenix City has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Alabama, Phenix City has a cost of living index that's 1.0x higher than Alabama's index of 90.
The standard of living in Phenix City ranks as #61 most affordable out of the 119 places we measured in Alabama. By definition, that implies Phenix City ranks as the #58 most expensive place in the Heart of Dixie.
For more reading on life in Phenix City, check out:
Six factors go into calculating the cost of living index in Phenix City. Here is how it fairs on each of the criteria:
The Services index in Phenix City is 99.
The Groceries index in Phenix City is 94.
The Health index in Phenix City is 135.
The Housing index in Phenix City is 76.
The Transportation index in Phenix City is 90.
The Utilities index in Phenix City is 86.
| Living Expense | Phenix City | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 92 | 90 | 100 | |
| Services | 99 | 97 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 135 | 86 | 100 | |
| Housing | 76 | 74 | 100 | |
| Transportation | 90 | 93 | 100 | |
| Utilities | 86 | 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 Phenix City is $203,613.
The Median Rent in Phenix City is $926.
The Median Income in Phenix City is $49,715.
The Home Value To Income in Phenix City is 4.1x.
The Rent To Monthly Income in Phenix City is 0.22x.
| Statistic | Phenix City | Alabama | United States |
|---|---|---|---|
| Median Home Value | $203,613 | $232,780 | $303,400 |
| Median Rent | $926 | $963 | $1,348 |
| Median Income | $49,715 | $62,027 | $78,538 |
| Home Value To Income | 4.1x | 3.8x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.19x | 0.21x |
| Item | Phenix City | Alabama |
|---|---|---|
| Shampoo | $1.31 | $1.28 |
| Movie | $11.49 | $12.13 |
| Bowling | $14.0 | $18 |
| Haircut | $17.0 | $24.26 |
| Beauty Salon | $36.53 | $45.56 |
| Item | Phenix City | Alabama |
|---|---|---|
| Ground Beef | $6.16 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.61 | $4.67 |
| Potatoes | $5.31 | $4.93 |
| Pizza | $11.32 | $12.09 |
| Beer | $10.19 | $10.41 |
| Toothpaste | $3.64 | $3.7 |
| Item | Phenix City | Alabama |
|---|---|---|
| Optometrist | $91.67 | $125.68 |
| Doctor | $116.11 | $135.78 |
| Dentist | $95.33 | $113.29 |
| Item | Phenix City | Alabama |
|---|---|---|
| Gasoline | $3.22 | $3.46 |
| Tire Balancing | $34.0 | $59.92 |
| Item | Phenix City | Alabama |
|---|---|---|
| All Electricity | $172.47 | $193.99 |
| Phone | $188.97 | $192.25 |