The cost of living index in Irondale, AL, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Irondale stands at 89, reflecting a 11% reduction compared to the national average. This lower cost is evident across various categories, including housing, utilities, and miscellaneous expenses, making Irondale an attractive option for budget-conscious individuals.
The cost of living in Irondale, AL, presents a favorable picture for job seekers when compared to the nationwide average. The housing index stands at 85, which is 15% lower than the national average. This means that housing costs in Irondale are more affordable, offering potential savings for those relocating or considering a move. Additionally, the groceries index is at 95, only 5% below the average, suggesting that food expenses are quite comparable to the rest of the country.
Utilities in Irondale are priced at 90, which is 10% below the national average. This indicates that residents can expect to spend less on essential services such as electricity and water. Transportation costs are also slightly lower, with an index of 88, representing a 12% decrease from the national average. Healthcare costs are at 92, just 8% below the average, providing a slight advantage in medical expenses. Lastly, the miscellaneous index of 87 shows a 13% reduction in other living expenses, further enhancing the overall cost-saving benefits of living in Irondale.