Cost Of Living in Tuscumbia, 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	Tuscumbia	Alabama	National
Cost of living	83	88	100
Goods & Services	90	96	100
Groceries	94	96	100
Health care	83	87	100
Housing	65	72	100
Transportation	90	91	100
Utilities	95	102	100

New Real Estate Listings in Tuscumbia Area

For Sale For Rent

Search

Search Homes for Sale in Tuscumbia, AL

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Tuscumbia is 6% lower than the Alabama average
The cost of living in Tuscumbia is 17% lower than the national average
Tuscumbia housing is 35% 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

Most Affordable Places to Live in and Around Tuscumbia

See all the best places to live around Tuscumbia

Compare Tuscumbia, AL Cost of Living

Write a review to give others more information about this area.

See all Tuscumbia poll results

The best places in Alabama

Here are the best places to live in Alabama

These are the 10 cheapest cities in Alabama

Check out the 10 safest cities in Alabama

Most Dangerous States In The US

Salary Calculator

This is how much you would need to earn in

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	$59,484	$4,957	$1,388	$1,785
Renters	$28,503	$2,375	$665	$855

To approximate the cost of living and the housing affordability in Tuscumbia, AL, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Tuscumbia have a median income of $59,484. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,388 per month to avoid calamity and poverty. The renters in the city have an income of about $28,503, which would make their monthly maximum allowable rental costs $665.

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	Tuscumbia	National avg.	Difference
Haircut	$17.13	$24.26	29.4%
Beauty Salon	$32.58	$45.56	28.5%
Toothpaste	$3.74	$3.70	0.9%
Shampoo	$1.04	$1.28	19.0%
Movie	$13.50	$12.13	11.2%
Bowling	$17.50	$18.00	2.8%

Groceries

Item	Tuscumbia	National avg.	Difference
Ground Beef	$5.67	$5.84	2.9%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.49	$4.67	4.0%
Potatoes	$5.06	$4.93	2.5%
Pizza	$9.73	$12.09	19.5%
Beer	$10.23	$10.41	1.7%

Health Care

Item	Tuscumbia	National avg.	Difference
Optometrist	$80.87	$125.68	35.7%
Doctor	$90.50	$135.78	33.3%
Dentist	$94.28	$113.29	16.8%
Ibuprofen	$10.04	$10.65	5.8%
Lipitor	$519.93	$468.60	11.0%

Housing

Item	Tuscumbia	National avg.	Difference
Home Price	$114,300.00	$184,700.00	38.1%
Avg. Mortgage Payment	$1,703.27	$2,346.69	27.4%
Apartment Rent	$700.00	$949.00	26.2%

Transportation

Item	Tuscumbia	National avg.	Difference
Gasoline	$3.14	$3.46	9.4%
Tire Balancing	$52.00	$59.92	13.2%

Utilities

Item	Tuscumbia	National avg.	Difference
All Electricity	$180.93	$193.99	6.7%
Phone	$186.22	$192.25	3.1%

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.
Leighton, AL	789	76	23.8%
Cherokee, AL	876	80	20.3%
Russellville, AL	9,803	81	19.4%
Sheffield, AL	8,925	82	18.3%
Underwood-Petersville, AL	2,707	82	17.9%
Tuscumbia, AL	8,445	83	16.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Nicolet, QC	8,446	n/a
Tuskegee, AL	8,443	84	16.4%
Mason, MI	8,441	90	9.7%
Carbondale, PA	8,438	85	14.9%
Mascoutah, IL	8,454	95	5.1%
Tuscumbia, AL	8,445	83	16.7%

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 Tuscumbia, AL