Meridianville, AL, offers a cost of living that is generally lower than the nationwide average. The overall cost of living index for Meridianville stands at 88, which is 12% below the national average of 100. This lower index makes it an attractive option for those seeking more affordable living conditions.
Specifically, housing costs in Meridianville are 20% below the average, while groceries and healthcare are slightly above the national average. Utilities, transportation, and miscellaneous expenses also remain close to the national average, providing a balanced cost profile.
The cost of living in Meridianville, AL, presents a favorable picture for job seekers when compared to the nationwide average. The housing index stands at 80, which is 20% lower than the national average of 100. This suggests that individuals can find more affordable housing options in Meridianville, making it easier to manage living expenses. Additionally, the cost of groceries and utilities is slightly below the national average, with indices of 90 and 95, respectively. This means that residents can expect to spend 10% less on groceries and 5% less on utilities compared to the average American.
Transportation costs in Meridianville are also competitive, with an index of 87, which is 13% lower than the national average. This reduction can lead to significant savings over time, especially for those who rely on personal vehicles. Healthcare costs are relatively close to the national average, with an index of 92, indicating a 2% increase. While this is a slight rise, it remains more affordable than many other regions. Miscellaneous expenses, with an index of 88, are 12% lower than the national average, offering additional savings for residents. Overall, Meridianville provides a cost-effective living environment with several areas below the national average.