Moundville, AL vs New Market, AL
Moundville, AL and New Market, AL have a very similar cost of living, with only a 1.6% difference in their overall index. Moundville scores 70 while New Market scores 71 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 Moundville is $797/month compared to $967/month in New Market — a 18% difference. Interestingly, home values tell a different story: while Moundville has cheaper rent, New Market actually has lower median home values ($113,400 vs $182,400).
Median household income in Moundville is $69,146 compared to $71,083 in New Market (-2.7%). While New Market is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Moundville spend roughly 13.8% of their income on rent, less than the 16.3% in New Market.
Climate-wise, both cities share similar average temperatures (64.5°F vs 62.9°F). New Market receives more rainfall at 54.3" per year compared to 53.5" in Moundville.
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Climate
NOAA 30-year normals (1991-2020)