Fultondale cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexFultondaleAlabamaNational
Cost of living index9189100
IndexFultondaleAlabamaNational
Goods & Services index9998100
Groceries index10298100
Health care index8185100
Housing index7973100
Transportation index8992100
Utilities index9399100
Displayed above is a general overview of the Fultondale, AL cost of living index. The overall cost of living index in Fultondale, AL is 91, which is 2% higher than the Alabama average and 9% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Fultondale, AL are 1% higher than the Alabama average and 1% lower than the national average.

Did you know?

  • The cost of living in Fultondale is 2% higher than the Alabama average.
  • The cost of living in Fultondale is 9% lower than the national average.
  • The cost of housing in Fultondale is 21% lower than the national average.
  • Alabama general sales tax is 21% lower than the national average.
  • Alabama state income tax is 10% lower than the national average.

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Compare Fultondale, AL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Fultondale, AL to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Fultondale, AL, then you would need to earn more income in order to maintain the same standard of living. To use the Fultondale, AL salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,890$4,741$1,327$1,707
Renters$43,101$3,592$1,006$1,293
One can approximate the cost of living and the housing affordability in Fultondale, AL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Fultondale, AL have a median income of $56,890. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,327 per month to avoid calamity and poverty. The renters in the city have an income of about $43,101, which would make their monthly maximum allowable rental costs $1,006.

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alabama4%10%

Alabama Income Tax

StateIncome Tax (Low)Income Tax (High)
Alabama2%5%
One thing to keep in mind when considering the cost of living in Fultondale, AL is the Alabama sales tax and Alabama income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Alabama sales tax rate is 4% and the maximum surtax that can be charged is 10%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Alabama income tax rates range from 2% to 5%.

Goods & Services

ItemFultondaleNational avg.Difference
Haircut $14.50$14.590.6%
Beauty Salon $29.50$34.6814.9%
Toothpaste $2.49$2.470.7%
Shampoo $0.92$1.0210.0%
Movie $10.06$9.871.9%
Bowling $4.65$4.395.9%

Groceries

ItemFultondaleNational avg.Difference
Ground Beef $4.47$4.480.2%
Fried Chicken $1.34$1.468.5%
Milk $2.29$2.362.8%
Potatoes $4.38$3.0643.1%
Pizza $10.00$9.248.2%
Beer $7.93$8.638.1%

Health Care

ItemFultondaleNational avg.Difference
Optometrist $109.33$99.789.6%
Doctor $86.00$105.0318.1%
Dentist $65.67$88.7026.0%
Ibuprofen $7.69$9.4118.3%
Lipitor $247.00$298.5017.3%

Housing

ItemFultondaleNational avg.Difference
Home Price $123,600.00$175,700.0029.7%
Avg. Mortgage Payment $846.13$1,081.0321.7%
Apartment Rent $914.00$920.000.7%

Transportation

ItemFultondaleNational avg.Difference
Gasoline $1.90$2.098.9%
Tire Balancing $37.90$45.2916.3%

Utilities

ItemFultondaleNational avg.Difference
All Electricity$166.92$170.802.3%
Phone $24.33$28.2613.9%
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, StatePopulationCost of Living IndexNational Avg.
Cardiff, AL2175-25%
Mount Olive, AL35876-24%
McDonald Chapel, AL51478-22%
Trafford, AL65279-21%
County Line, AL27680-20%
Fultondale, AL8,59391-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Greenville, RI8,59612828%
Eagle Point, OR8,59911212%
Princeton, IN8,60083-17%
Price, UT8,58590-10%
Oxford, NC8,58591-9%
Fultondale, AL8,59391-9%
Source: The Fultondale, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.