Midfield 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.
IndexMidfieldAlabamaNational
Cost of living index8589100
IndexMidfieldAlabamaNational
Goods & Services index9998100
Groceries index10298100
Health care index8185100
Housing index6073100
Transportation index8992100
Utilities index9399100
Here we can see a simple outline of the cost of living in Midfield, AL. As you can see, with the average cost of living in Midfield, AL being 85, that puts it 5% lower than the average of Alabama and 15% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Midfield, AL, the price of goods and services are 1% higher than the average of Alabama as well as 1% lower than the nation's average.

Did you know?

  • The cost of living in Midfield is 5% lower than the Alabama average.
  • The cost of living in Midfield is 15% lower than the national average.
  • The cost of housing in Midfield is 40% 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 Midfield, AL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Health care index
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Use the salary calculator to compare your current income in Midfield, 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 Midfield, AL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Midfield, 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$46,791$3,899$1,092$1,404
Renters$30,039$2,503$701$901
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Midfield, AL, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Midfield, AL homeowners have a median income of $46,791. Using that number, you will come up with a maximum of $1,092 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $30,039, which means there is a maximum of $701 to be spent on the costs of renting a home or apartment.

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 Midfield, 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

ItemMidfieldNational avg.Difference
Haircut $14.50$14.590.6%
Beauty Salon $29.50$34.6814.9%
Toothpaste $2.49$2.470.7%
Shampoo $0.92$1.0210.0%
Movie $10.06$9.871.9%
Bowling $4.65$4.395.9%

Groceries

ItemMidfieldNational avg.Difference
Ground Beef $4.47$4.480.2%
Fried Chicken $1.34$1.468.5%
Milk $2.29$2.362.8%
Potatoes $4.38$3.0643.1%
Pizza $10.00$9.248.2%
Beer $7.93$8.638.1%

Health Care

ItemMidfieldNational avg.Difference
Optometrist $109.33$99.789.6%
Doctor $86.00$105.0318.1%
Dentist $65.67$88.7026.0%
Ibuprofen $7.69$9.4118.3%
Lipitor $247.00$298.5017.3%

Housing

ItemMidfieldNational avg.Difference
Home Price $75,900.00$175,700.0056.8%
Avg. Mortgage Payment $846.13$1,081.0321.7%
Apartment Rent $904.00$920.001.7%

Transportation

ItemMidfieldNational avg.Difference
Gasoline $1.90$2.098.9%
Tire Balancing $37.90$45.2916.3%

Utilities

ItemMidfieldNational avg.Difference
All Electricity$166.92$170.802.3%
Phone $24.33$28.2613.9%
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.
Cardiff, AL2175-25%
McDonald Chapel, AL51478-22%
Lipscomb, AL2,33180-20%
Mulga, AL95280-20%
North Johns, AL21281-19%
Midfield, AL5,31985-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Clover, SC5,32193-7%
New Martinsville, WV5,32289-11%
Greenwood, MO5,32293-7%
Berthoud, CO5,3231066%
Amelia, OH5,32389-11%
Midfield, AL5,31985-15%
Source: The Midfield, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.