Cost of living in Talladega 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 Talladega 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 Talladega is 83, with 100 being the average.
The cost of living index in Talladega is 0.8x lower than the national average.
Talladega ranks as the #7 cheapest in Alabama out of 119.
Talladega ranks as the #306 cheapest out of 6,489 in the US.
The median home value in Talladega is $143,644.
The median income in Talladega is $46,820.
According to the most recent data on the cost of living, Talladega has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Alabama, Talladega has a cost of living index that's 0.9x lower than Alabama's index of 90.
The standard of living in Talladega ranks as #7 most affordable out of the 119 places we measured in Alabama. By definition, that implies Talladega ranks as the #112 most expensive place in the Heart of Dixie.
For more reading on life in Talladega, check out:
Six factors go into calculating the cost of living index in Talladega. Here is how it fairs on each of the criteria:
The Services index in Talladega is 89.
The Groceries index in Talladega is 96.
The Health index in Talladega is 81.
The Housing index in Talladega is 51.
The Transportation index in Talladega is 93.
The Utilities index in Talladega is 122.
| Living Expense | Talladega | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 83 | 90 | 100 | |
| Services | 89 | 97 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 81 | 86 | 100 | |
| Housing | 51 | 74 | 100 | |
| Transportation | 93 | 93 | 100 | |
| Utilities | 122 | 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 Talladega is $143,644.
The Median Rent in Talladega is $765.
The Median Income in Talladega is $46,820.
The Home Value To Income in Talladega is 3.1x.
The Rent To Monthly Income in Talladega is 0.2x.
The cost of living varies in the cities and towns around Talladega. 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, 1.1x Talladega.
Gadsden, AL has a cost of living index of 84, 1.0x Talladega.
Oxford, AL has a cost of living index of 91, 1.1x Talladega.
| City | Population | Cost Of Living | Vs. Talladega |
|---|---|---|---|
| Birmingham, AL | 199,322 | 90 | 1.1x |
| Gadsden, AL | 33,617 | 84 | 1.0x |
| Oxford, AL | 22,063 | 91 | 1.1x |
| Anniston, AL | 21,377 | 88 | 1.1x |
| Calera, AL | 17,188 | 97 | 1.2x |
| Jacksonville, AL | 14,345 | 90 | 1.1x |
| Irondale, AL | 13,462 | 96 | 1.2x |
| Moody, AL | 13,378 | 95 | 1.1x |
| Sylacauga, AL | 12,388 | 89 | 1.1x |
| Saks, AL | 10,727 | 86 | 1.0x |