Falkville, AL vs Kennedy, AL

Falkville, AL and Kennedy, AL have a very similar cost of living, with only a 2.1% difference in their overall index. Falkville scores 61 while Kennedy scores 60 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 Falkville is $666/month compared to $667/month in Kennedy — a 0% difference. Interestingly, home values tell a different story: while Falkville has cheaper rent, Kennedy actually has lower median home values ($103,400 vs $118,300).

Median household income in Falkville is $43,145 compared to $42,031 in Kennedy (+2.7%). While Falkville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Falkville spend roughly 18.5% of their income on rent, less than the 19% in Kennedy.

Climate-wise, Kennedy is notably warmer with an average of 64.5°F compared to 59.9°F in Falkville. Falkville receives more rainfall at 58.7" per year compared to 53.5" in Kennedy.