Opelika 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.
IndexOpelikaAlabamaNational
Cost of living index9589100
IndexOpelikaAlabamaNational
Goods & Services index11098100
Groceries index10198100
Health care index8785100
Housing index8173100
Transportation index9292100
Utilities index8699100
Displayed above is a general overview of the Opelika, AL cost of living index. The overall cost of living index in Opelika, AL is 95, which is 6% higher than the Alabama average and 5% 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 Opelika, AL are 12% higher than the Alabama average and 10% higher than the national average.

Did you know?

  • The cost of living in Opelika is 6% higher than the Alabama average.
  • The cost of living in Opelika is 5% lower than the national average.
  • The cost of housing in Opelika is 19% 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 Opelika, AL Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Opelika, AL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Opelika, AL, you have to earn a higher income in order to still have the same standard of living. To operate the Opelika, AL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,815$4,735$1,326$1,705
Renters$21,933$1,828$512$658
If you want to find a good determining factor for the cost of living and the general affordability of housing in Opelika, 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 Opelika, AL, the median monthly income is $56,815 for those who own their own homes. Under the standard rule, that income level would allow for $1,326 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $21,933, per the median income in the area. That would allow for renters to spend up to $512 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%
When assessing the complete cost of living in Opelika, AL, the Alabama income tax and the Alabama sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Alabama maximum surtax is 10%, and the Alabama sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 2% to 5% in Alabama.

Goods & Services

ItemOpelikaNational 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

ItemOpelikaNational 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

ItemOpelikaNational 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

ItemOpelikaNational avg.Difference
Home Price $148,300.00$175,700.0015.6%
Avg. Mortgage Payment $797.54$1,081.0326.2%
Apartment Rent $685.00$920.0025.5%

Transportation

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

Utilities

ItemOpelikaNational 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.
Cusseta, AL13383-17%
Lanett, AL6,45585-15%
Huguley, AL2,44986-14%
Valley, AL9,45688-12%
Waverly, AL26091-9%
Opelika, AL27,95695-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Dodge City, KS27,95085-15%
Rahway, NJ27,99412222%
Middletown, NY27,90411212%
DeLand, FL27,87299-1%
Allen Park, MI27,86988-12%
Opelika, AL27,95695-5%
Source: The Opelika, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.