Malvern, AL vs Redland, AL
There is a significant gap in the cost of living between these two cities. Malvern is 17.9% cheaper than Redland. With a cost index of 67 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Malvern to Redland should plan for substantially higher expenses across most categories.
On the housing front, median rent in Malvern is $929/month compared to $817/month in Redland — a 14% difference. Interestingly, home values tell a different story: while Redland has cheaper rent, Malvern actually has lower median home values ($98,300 vs $306,600).
Median household income in Malvern is $52,500 compared to $131,667 in Redland (-60.1%). While Redland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Malvern spend roughly 21.2% of their income on rent, more than the 7.4% in Redland.
Climate-wise, both cities share similar average temperatures (67.8°F vs 66.4°F). Malvern receives more rainfall at 53.9" per year compared to 51.2" in Redland.
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Climate
NOAA 30-year normals (1991-2020)