Five Points cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexFive PointsAlabamaNational
Cost of living index8389100
IndexFive PointsAlabamaNational
Goods & Services index11098100
Groceries index10198100
Health care index8785100
Housing index4273100
Transportation index9292100
Utilities index8699100

Did you know?

  • The cost of living in Five Points is 7% lower than the Alabama average.
  • The cost of living in Five Points is 17% lower than the national average.
  • The cost of housing in Five Points is 58% lower than the national average.
  • Alabama general sales tax is 21% lower than the national average.
  • Alabama state income tax is 10% lower than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,250$4,271$1,196$1,538
Renters$9,643$804$225$289

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alabama4%10%

Alabama Income Tax

StateIncome Tax (Low)Income Tax (High)
Alabama2%5%

Goods & Services

ItemFive PointsNational avg.Difference
Haircut $14.67$14.590.5%
Beauty Salon $42.00$34.6821.1%
Toothpaste $2.81$2.4713.6%
Shampoo $1.62$1.0258.5%
Movie $12.50$9.8726.7%
Bowling $4.79$4.399.1%

Groceries

ItemFive PointsNational avg.Difference
Ground Beef $5.81$4.4829.8%
Fried Chicken $1.26$1.4613.9%
Milk $2.17$2.367.9%
Potatoes $3.48$3.0613.7%
Pizza $9.00$9.242.6%
Beer $8.89$8.633.0%

Health Care

ItemFive PointsNational avg.Difference
Optometrist $74.67$99.7825.2%
Doctor $81.67$105.0322.2%
Dentist $70.00$88.7021.1%
Ibuprofen $8.45$9.4110.2%
Lipitor $327.99$298.509.9%

Housing

ItemFive PointsNational avg.Difference
Home Price $58,000.00$175,700.0067.0%
Avg. Mortgage Payment $797.54$1,081.0326.2%
Apartment Rent $575.00$920.0037.5%

Transportation

ItemFive PointsNational avg.Difference
Gasoline $1.98$2.095.2%
Tire Balancing $38.67$45.2914.6%

Utilities

ItemFive PointsNational avg.Difference
All Electricity$161.13$170.805.7%
Phone $21.01$28.2625.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Standing Rock, AL521011%
Abanda, AL431011%
Rock Mills, AL63377-23%
Lanett, AL6,45585-15%
La Fayette, AL2,99385-15%
Five Points, AL14683-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
High Bridge, KY14682-18%
Deep River, WA14699-1%
Taylors Island, MD1461022%
Jersey, GA14698-2%
Randall, IA14679-21%
Five Points, AL14683-17%
Source: The Five Points, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.