Cost Of Living in Thomasville, AL

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Thomasville	Alabama	National
Cost of living	89	88	100
Goods & Services	93	96	100
Groceries	98	96	100
Health care	100	87	100
Housing	80	72	100
Transportation	89	91	100
Utilities	88	102	100

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Cost Of Living Quick Facts

The cost of living in Thomasville is equal to the Alabama average
The cost of living in Thomasville is 11% lower than the national average
Thomasville housing is 20% lower than the national average
Alabama general sales tax is 22% lower than the national average
Alabama state income tax is 23% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$53,083	$4,424	$1,239	$1,593
Renters	$28,188	$2,349	$658	$846

The affordability of the housing market in Thomasville, AL as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Thomasville homeowners, the median income is $53,083. This indicates that a monthly maximum of $1,239 should be spent by homeowners on all housing related costs. Renters have a median income of $28,188. This indicates that renters would have a maximum of $658 for their rent related monthly costs.

Alabama Sales Tax

State	General Sales Tax	With Max Surtax
Alabama	4%	13.5%

Alabama Income Tax

State	Income Tax (Low)	Income Tax (High)
Alabama	2%	5%

Goods & Services

Item	Thomasville	National avg.	Difference
Haircut	$21.50	$24.26	11.4%
Beauty Salon	$41.67	$45.56	8.6%
Toothpaste	$3.75	$3.70	1.4%
Shampoo	$1.20	$1.28	6.0%
Movie	$10.68	$12.13	12.0%
Bowling	$15.56	$18.00	13.6%

Groceries

Item	Thomasville	National avg.	Difference
Ground Beef	$5.63	$5.84	3.6%
Fried Chicken	$1.86	$1.57	18.0%
Milk	$4.51	$4.67	3.4%
Potatoes	$5.04	$4.93	2.2%
Pizza	$10.90	$12.09	9.8%
Beer	$9.12	$10.41	12.4%

Health Care

Item	Thomasville	National avg.	Difference
Optometrist	$113.80	$125.68	9.5%
Doctor	$114.75	$135.78	15.5%
Dentist	$140.00	$113.29	23.6%
Ibuprofen	$10.05	$10.65	5.6%
Lipitor	$412.25	$468.60	12.0%

Housing

Item	Thomasville	National avg.	Difference
Home Price	$158,600.00	$184,700.00	14.1%
Avg. Mortgage Payment	$1,831.01	$2,346.69	22.0%
Apartment Rent	$617.00	$949.00	35.0%

Transportation

Item	Thomasville	National avg.	Difference
Gasoline	$3.06	$3.46	11.6%
Tire Balancing	$53.14	$59.92	11.3%

Utilities

Item	Thomasville	National avg.	Difference
All Electricity	$157.72	$193.99	18.7%
Phone	$187.08	$192.25	2.7%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Pine Hill, AL	841	79	21.4%
Fulton, AL	327	79	20.8%
Sweet Water, AL	213	82	17.8%
Grove Hill, AL	2,011	84	15.7%
Nanafalia, AL	32	92	7.9%
Thomasville, AL	3,876	89	11.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Bonanza, GA	3,877	96	4.3%
Elba, AL	3,874	83	16.7%
Gamewell, NC	3,874	88	11.8%
Shavano Park, TX	3,874	176	75.5%
University Center, VA	3,878	127	26.8%
Thomasville, AL	3,876	89	11.2%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Thomasville, AL