Holtville 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.
IndexHoltvilleAlabamaNational
Cost of living index8989100
IndexHoltvilleAlabamaNational
Goods & Services index9396100
Groceries index9697100
Health care index8287100
Housing index7473100
Transportation index9492100
Utilities index109104100
Displayed above is a general overview of the Holtville, AL cost of living index. The overall cost of living index in Holtville, AL is 89, which is equal to the Alabama average and 11% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Holtville, AL are 3% lower than the Alabama average and 7% lower than the national average.

Did you know?

  • The cost of living in Holtville is equal to the Alabama average.
  • The cost of living in Holtville is 11% lower than the national average.
  • The cost of housing in Holtville is 26% 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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Compare Holtville, AL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Holtville, AL to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Holtville, AL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Holtville, AL salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$54,375$4,531$1,269$1,631
Renters$33,750$2,813$787$1,013
If you want to find a good determining factor for the cost of living and the general affordability of housing in Holtville, AL, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Holtville, AL, the median monthly income is $54,375 for those who own their own homes. Under the standard rule, that income level would allow for $1,269 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $33,750, per the median income in the area. That would allow for renters to spend up to $787 on monthly rental expenses.

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alabama4%10%

Alabama Income Tax

StateIncome Tax (Low)Income Tax (High)
Alabama2%5%
One thing to keep in mind when considering the cost of living in Holtville, AL is the Alabama sales tax and Alabama income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Alabama sales tax rate is 4% and the maximum surtax that can be charged is 10%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Alabama income tax rates range from 2% to 5%.

Goods & Services

ItemHoltvilleNational avg.Difference
Haircut $15.00$15.563.6%
Beauty Salon $35.53$36.111.6%
Toothpaste $2.06$2.4716.5%
Shampoo $0.96$0.960.9%
Movie $8.42$10.1316.9%
Bowling $4.22$4.7410.9%

Groceries

ItemHoltvilleNational avg.Difference
Ground Beef $3.90$3.982.2%
Fried Chicken $1.39$1.411.5%
Milk $2.32$2.0612.6%
Potatoes $2.86$2.984.2%
Pizza $8.49$9.4710.3%
Beer $8.86$8.790.8%

Health Care

ItemHoltvilleNational avg.Difference
Optometrist $78.60$101.0422.2%
Doctor $74.74$107.4430.4%
Dentist $65.48$90.4227.6%
Ibuprofen $10.22$9.2810.1%
Lipitor $440.71$426.503.3%

Housing

ItemHoltvilleNational avg.Difference
Home Price $122,900.00$175,700.0030.1%
Avg. Mortgage Payment $964.02$1,133.2314.9%
Apartment Rent $768.00$920.0016.5%

Transportation

ItemHoltvilleNational avg.Difference
Gasoline $1.79$1.9910.0%
Tire Balancing $47.11$45.762.9%

Utilities

ItemHoltvilleNational avg.Difference
All Electricity$183.78$163.8112.2%
Phone $29.99$28.395.6%
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.
Marbury, AL1,83681-19%
Elmore, AL1,73884-16%
Wetumpka, AL7,13691-9%
Millbrook, AL14,85892-8%
Pine Level, AL4,00293-7%
Holtville, AL4,46689-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Planada, CA4,46597-3%
Hawaiian Beaches, HI4,46713131%
Phoenix, OR4,4651000%
Benton Heights, MI4,46777-23%
Geneva, AL4,46579-21%
Holtville, AL4,46689-11%
Source: The Holtville, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.