Valley, AL, has a lower cost of living compared to the nationwide average. The overall cost of living index in Valley stands at 89, which is 11% below the national average of 100. Housing costs in Valley are 15% lower, while groceries and utilities hover around 10% below the national figures. This makes Valley a potentially more affordable place to live for those relocating from areas with higher living expenses.
In Valley, transportation costs are slightly above the national average at 92, while healthcare is 12% lower. Miscellaneous expenses also mirror the lower trend at 87. These variations show that while Valley has a generally lower cost of living, some categories like transportation present minimal differences from the national average. Job seekers looking for a balance between affordability and quality of life may find Valley an attractive option.
The cost of living in Valley, AL, offers notable savings compared to the nationwide average, which is indexed at 100. For instance, housing costs in Valley stand at 85, which means residents can expect to spend 15% less on housing compared to the national average. This lower housing index makes Valley an attractive option for those looking to save on one of the most significant expenses.
Other essential expenses also reflect affordability. Groceries in Valley are priced at 90, which is only 10% above the national average, offering a slight saving for families. Utilities cost 95, which is 5% more than the national average, but still relatively affordable. Transportation costs in Valley are at 92, representing a 8% increase compared to the national average, though still within a reasonable range. Healthcare costs in Valley are at 88, providing a 12% savings. Miscellaneous costs also align closely with the national average at 87, showing minor savings. Overall, Valley presents a cost of living that is slightly below the national average, offering various savings that can be attractive to job seekers.