Excel, AL vs Falkville, AL
Excel, AL and Falkville, AL have a very similar cost of living, with only a 0.2% difference in their overall index. Excel scores 61 while Falkville scores 61 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Excel is $590/month compared to $666/month in Falkville — a 11% difference. Interestingly, home values tell a different story: while Excel has cheaper rent, Falkville actually has lower median home values ($118,300 vs $145,500).
Median household income in Excel is $66,167 compared to $43,145 in Falkville (+53.4%). While Excel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Excel spend roughly 10.7% of their income on rent, less than the 18.5% in Falkville.
Climate-wise, Excel is notably warmer with an average of 67.3°F compared to 59.9°F in Falkville. Falkville receives more rainfall at 58.7" per year compared to 55.3" in Excel.
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