Cost of living in Rainsville 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 Rainsville 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 Rainsville is 90, with 100 being the average.
The cost of living index in Rainsville is 0.9x lower than the national average.
Rainsville ranks as the #48 cheapest in Alabama out of 119.
Rainsville ranks as the #1,206 cheapest out of 6,489 in the US.
The median home value in Rainsville is $220,292.
The median income in Rainsville is $64,140.
According to the most recent data on the cost of living, Rainsville has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Alabama, Rainsville has a cost of living index that's 1.0x lower than Alabama's index of 90.
The standard of living in Rainsville ranks as #48 most affordable out of the 119 places we measured in Alabama. By definition, that implies Rainsville ranks as the #71 most expensive place in the Heart of Dixie.
For more reading on life in Rainsville, check out:
Six factors go into calculating the cost of living index in Rainsville. Here is how it fairs on each of the criteria:
The Services index in Rainsville is 97.
The Groceries index in Rainsville is 100.
The Health index in Rainsville is 94.
The Housing index in Rainsville is 75.
The Transportation index in Rainsville is 94.
The Utilities index in Rainsville is 96.
| Living Expense | Rainsville | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 90 | 90 | 100 | |
| Services | 97 | 97 | 100 | |
| Groceries | 100 | 98 | 100 | |
| Health | 94 | 86 | 100 | |
| Housing | 75 | 74 | 100 | |
| Transportation | 94 | 93 | 100 | |
| Utilities | 96 | 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 Rainsville is $220,292.
The Median Rent in Rainsville is $647.
The Median Income in Rainsville is $64,140.
The Home Value To Income in Rainsville is 3.4x.
The Rent To Monthly Income in Rainsville is 0.12x.
| Statistic | Rainsville | Alabama | United States |
|---|---|---|---|
| Median Home Value | $220,292 | $232,780 | $303,400 |
| Median Rent | $647 | $963 | $1,348 |
| Median Income | $64,140 | $62,027 | $78,538 |
| Home Value To Income | 3.4x | 3.8x | 3.9x |
| Rent To Monthly Income | 0.12x | 0.19x | 0.21x |
| Item | Rainsville | 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 |
| Item | Rainsville | 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 |
| Item | Rainsville | Alabama |
|---|---|---|
| Optometrist | $104.06 | $125.68 |
| Doctor | $130.44 | $135.78 |
| Dentist | $113.33 | $113.29 |
| Item | Rainsville | Alabama |
|---|---|---|
| Gasoline | $3.16 | $3.46 |
| Tire Balancing | $61.19 | $59.92 |
| Item | Rainsville | Alabama |
|---|---|---|
| All Electricity | $191.34 | $193.99 |
| Phone | $188.01 | $192.25 |
The cost of living varies in the cities and towns around Rainsville. Here's a quick look at the cost of living in the most populous nearby places:
Rome, GA has a cost of living index of 91, 1.0x Rainsville.
Gadsden, AL has a cost of living index of 84, 0.9x Rainsville.
East Ridge, TN has a cost of living index of 87, 1.0x Rainsville.
| City | Population | Cost Of Living | Vs. Rainsville |
|---|---|---|---|
| Rome, GA | 37,754 | 91 | 1.0x |
| Gadsden, AL | 33,617 | 84 | 0.9x |
| East Ridge, TN | 22,034 | 87 | 1.0x |
| Fort Payne, AL | 14,886 | 86 | 1.0x |
| Jacksonville, AL | 14,345 | 90 | 1.0x |
| Fort Oglethorpe, GA | 10,332 | 86 | 1.0x |
| Cedartown, GA | 10,211 | 84 | 0.9x |
| LaFayette, GA | 6,944 | 82 | 0.9x |
| Fairview, GA | 5,620 | 85 | 0.9x |