Q: Why do a lot of people in Dothan appear to have a high standard of living?
A: Whether people are living within or beyond their means is best evaluated on a case-by-case basis, but statistics from the 2020 Census and other sources provide some insight about the overall standard of living in Dothan.
According to information on the census.
Thresholds are updated annually for inflation using the Consumer Price Index for All Urban Consumers . The cost of living in Dothan, as reported on the website bestplaces.net, is 80.2 overall. Category figures for Dothan include 96 for grocery, 103.2 for health, 57 for housing, 96.6 for utilities, 79.1 for transportation and 89.6 for miscellaneous.
One of the biggest factors is how individuals manage their money. Some people borrow their way to perceived prosperity, while others have a high standard of living because they make wise spending decisions. The owner-occupied housing unit rate was 59.6 percent. The median value of owner-occupied housing was $152,700.
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