Albertville, AL Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Albertville, AL Summary

Cost of living in Albertville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Albertville is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Alabama, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Albertville is 89, with 100 being the average.

  • The cost of living index in Albertville is 0.9x lower than the national average.

  • Albertville ranks as the #50 cheapest in Alabama out of 115.

  • Albertville ranks as the #1,460 cheapest out of 6,412 in the US.

  • The median home value in Albertville is $136,100.

  • The median income in Albertville is $51,718.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
89
Albertville's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Albertville, AL?

According to the most recent data on the cost of living, Albertville has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.

Compared to Alabama, Albertville has a cost of living index that's 1.0x higher than Alabama's index of 88.

The standard of living in Albertville ranks as #50 most affordable out of the 115 places we measured in Alabama. By definition, that implies Albertville ranks as the #65 most expensive place in the Heart of Dixie.

For more reading on life in Albertville, check out:

50 out of 115
In Alabama
1,460 out of 6,412
In America

Albertville Cost Of Living Vs. Alabama

Six factors go into calculating the cost of living index in Albertville. Here is how it fairs on each of the criteria:

  • The Services index in Albertville is 102.

  • The Groceries index in Albertville is 98.

  • The Health index in Albertville is 98.

  • The Housing index in Albertville is 60.

  • The Transportation index in Albertville is 96.

  • The Utilities index in Albertville is 94.

Living Expense Albertville Alabama National Average
Overall 89 88 100
Services 102 95 100
Groceries 98 97 100
Health 98 88 100
Housing 60 69 100
Transportation 96 90 100
Utilities 94 101 100
For more reading on cost of living around Alabama, check out:
Albertville Cost of Living Vs. AL

Albertville, AL Housing Cost Breakdown

Housing swings affordability the most between places in Alabama, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Albertville is $136,100.

  • The Median Rent in Albertville is $749.

  • The Median Income in Albertville is $51,718.

  • The Home Value To Income in Albertville is 2.6x.

  • The Rent To Monthly Income in Albertville is 0.17x.

Statistic Albertville Alabama United States
Median Home Value $136,100 $157,100 $244,900
Median Rent $749 $852 $1,163
Median Income $51,718 $54,943 $69,021
Home Value To Income 2.6x 2.9x 3.5x
Rent To Monthly Income 0.17x 0.19x 0.2x
Search Homes For Sale In Albertville, AL
$136,100
Median Home Value
$749
Median Rent
$51,718
Median Income

Albertville, AL Costs By Category

Detailed Albertville Services Costs Vs. Alabama

Item Albertville Alabama
Shampoo $1.08 $1.06
Movie $9.97 $10.68
Bowling $19.17 $14.67
Haircut $18.67 $18.62
Beauty Salon $33.33 $39.05

Detailed Albertville Groceries Costs Vs. Alabama

Item Albertville Alabama
Ground Beef $5.09 $4.22
Fried Chicken $1.45 $1.39
Milk $1.62 $2.05
Potatoes $2.86 $3.29
Pizza $11.32 $10.62
Beer $9.1 $9.38
Toothpaste $2.2 $2.34

Detailed Albertville Health Costs Vs. Alabama

Item Albertville Alabama
Optometrist $109.44 $108.57
Doctor $112.22 $116.17
Dentist $100.06 $99.13

Detailed Albertville Transportation Costs Vs. Alabama

Item Albertville Alabama
Gasoline $2.06 $2.22
Tire Balancing $51.41 $50.07

Detailed Albertville Utilities Costs Vs. Alabama

Item Albertville Alabama
All Electricity $156.41 $167.67
Phone $181.81 $175.64

Albertville SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
5
Affordability
8.5
Diversity
8.5
Safety
N/A
Amenities
8
Education
5
Commute
8.5

Cost Of Living In Cities Around Albertville

The cost of living varies in the cities and towns around Albertville. Here's a quick look at the cost of living in the most populous nearby places:

  • Huntsville, AL has a cost of living index of 98, 1.1x Albertville.

  • Decatur, AL has a cost of living index of 88, 1.0x Albertville.

  • Gadsden, AL has a cost of living index of 81, 0.9x Albertville.

City Population Cost Of Living Vs. Albertville
Huntsville, AL 210,081 98 1.1x
Decatur, AL 57,303 88 1.0x
Gadsden, AL 34,317 81 0.9x
Anniston, AL 21,455 84 0.9x
Cullman, AL 17,892 88 1.0x
Scottsboro, AL 15,446 92 1.0x
Fort Payne, AL 14,730 85 1.0x
Moody, AL 13,100 92 1.0x
Jacksonville, AL 13,076 86 1.0x
Saks, AL 10,504 83 0.9x

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