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Malvern, AL vs Midway, AL

67
Malvern
Alabama
VS
-12.9%
77
Midway
Alabama

Malvern is moderately more affordable than Midway, with a 12.9% lower cost of living index. Malvern scores 67 compared to 77 for Midway, where the US average is 100. This difference means residents of Midway can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Malvern has a median rent of $929/month while Midway comes in at $669/month, a 39% difference.

Median household income in Malvern is $52,500 compared to $43,750 in Midway (+20%). Malvern offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Malvern spend roughly 21.2% of their income on rent, more than the 18.3% in Midway.

Climate-wise, both cities share similar average temperatures (67.8°F vs 66.8°F). Malvern receives more rainfall at 53.9" per year compared to 53.3" in Midway.

Income & Cost

Cost of Living Index
Malvern
67
13% cheaper
Midway
77
Median Household Income
Malvern
$52,500
17% higher
Midway
$43,750

Housing

Median Rent
Malvern
$929
Midway
$669
28% cheaper
Median Home Value
Malvern
$98,300
Midway
Population
Malvern
1,836
Midway
633

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Malvern $2.90
Midway
US $3.07
🥚
Eggs (grade A, large)
Malvern $2.37
Midway
US $2.50
🥛
Milk (whole)
Malvern $3.81
Midway
US $4.03
🍞
Bread (white)
Malvern $1.75
Midway
US $1.85
🍗
Chicken breast
Malvern $3.92
Midway
US $4.14
Electricity
Malvern $0.17
Midway
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Malvern 67.8°F
Midway 66.8°F
Summer High
Malvern 93°F
Midway 94°F
Winter Low
Malvern 40°F
Midway 37°F
Rainfall
Malvern 53.9"
Midway 53.3"
Rainy Days
Malvern 119d
Midway 0d