Hollywood, AL vs Luverne, AL
There is a significant gap in the cost of living between these two cities. Luverne is 16.5% cheaper than Hollywood. With a cost index of 62 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Luverne to Hollywood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hollywood is $1,065/month compared to $669/month in Luverne — a 59% difference. Interestingly, home values tell a different story: while Luverne has cheaper rent, Hollywood actually has lower median home values ($102,900 vs $124,700).
Median household income in Hollywood is $55,573 compared to $51,537 in Luverne (+7.8%). Hollywood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Hollywood spend roughly 23% of their income on rent, more than the 15.6% in Luverne.
Climate-wise, Luverne is notably warmer with an average of 65.1°F compared to 59.9°F in Hollywood. Hollywood receives more rainfall at 55.1" per year compared to 54.4" in Luverne.
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Climate
NOAA 30-year normals (1991-2020)