Cost of Living in Woodland, AL

With a cost of living index of 85, Woodland, AL is a very affordable place to live. Living here is 15% cheaper than the national average and 10% above the Alabama state average of 74. Woodland is a small community of 615 residents.

Housing costs are the biggest factor in Woodland's cost of living. The median monthly rent is $617 (53% below the US median of $1,319), and the median home value sits at $420,000 (38% above the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Woodland is $165,427, which is 120% higher than the national median of $75,149. Residents spend roughly 4% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Woodland. The area sees an average annual temperature of 63.1°F, with summers averaging 79°F and winters around 46°F. Annual rainfall totals 52.1 inches spread over roughly 119 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.