Lookout Mountain 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.
IndexLookout MountainAlabamaNational
Cost of living index8689100
IndexLookout MountainAlabamaNational
Goods & Services index9696100
Groceries index9497100
Health care index9187100
Housing index6273100
Transportation index9392100
Utilities index103104100

Did you know?

  • The cost of living in Lookout Mountain is 4% lower than the Alabama average.
  • The cost of living in Lookout Mountain is 14% lower than the national average.
  • The cost of housing in Lookout Mountain is 38% 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 Lookout Mountain, AL Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$55,250$4,604$1,289$1,658
Renters$18,462$1,539$431$554

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alabama4%10%

Alabama Income Tax

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

Goods & Services

ItemLookout MountainNational avg.Difference
Haircut $14.00$15.5610.1%
Beauty Salon $26.83$36.1125.7%
Toothpaste $2.56$2.473.5%
Shampoo $0.84$0.9613.3%
Movie $10.50$10.133.7%
Bowling $4.59$4.743.1%

Groceries

ItemLookout MountainNational avg.Difference
Ground Beef $4.33$3.988.6%
Fried Chicken $1.26$1.4110.2%
Milk $1.27$2.0638.5%
Potatoes $2.95$2.981.0%
Pizza $8.99$9.475.1%
Beer $8.86$8.790.8%

Health Care

ItemLookout MountainNational avg.Difference
Optometrist $90.89$101.0410.0%
Doctor $87.78$107.4418.3%
Dentist $83.95$90.427.2%
Ibuprofen $7.56$9.2818.5%
Lipitor $441.42$426.503.5%

Housing

ItemLookout MountainNational avg.Difference
Home Price $108,700.00$175,700.0038.1%
Avg. Mortgage Payment $817.87$1,133.2327.8%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemLookout MountainNational avg.Difference
Gasoline $1.97$1.991.1%
Tire Balancing $36.00$45.7621.3%

Utilities

ItemLookout MountainNational avg.Difference
All Electricity$164.93$163.810.7%
Phone $30.66$28.398.0%
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.
Broomtown, AL10473-27%
Pine Ridge, AL18980-20%
Lyerly, GA48381-19%
Valley Head, AL64282-18%
Menlo, GA45282-18%
Lookout Mountain, AL1,09686-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bairdford, PA1,09679-21%
Colfax, IL1,09684-16%
Biwabik, MN1,09688-12%
Scobey, MT1,09688-12%
North Tunica, MS1,09675-25%
Lookout Mountain, AL1,09686-14%
Source: The Lookout Mountain, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.