Cost Of Living in Hazel Green, AL

A+

8%

Overall NAT. AVG.

1%

Goods & Services NAT. AVG.

22%

Housing NAT. AVG.

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

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	Hazel Green	Alabama	National
Cost of living	92	88	100
Goods & Services	99	96	100
Groceries	99	96	100
Health care	93	87	100
Housing	78	72	100
Transportation	94	91	100
Utilities	98	102	100

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Cost Of Living Quick Facts

The cost of living in Hazel Green is 4% higher than the Alabama average
The cost of living in Hazel Green is 8% lower than the national average
Hazel Green housing is 22% lower than the national average
Alabama general sales tax is 22% lower than the national average
Alabama state income tax is 11% 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	$58,750	$4,896	$1,371	$1,763
Renters	$39,321	$3,277	$917	$1,180

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Hazel Green, AL, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Hazel Green homeowners, is $58,750. This would allow for a maximum of $1,371 per month to be spent on housing costs. For renters, the median monthly income is $39,321 which would result in a maximum of $917 to be spent on rental 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	Hazel Green	National avg.	Difference
Haircut	$24.45	$24.26	0.8%
Beauty Salon	$52.50	$45.56	15.2%
Toothpaste	$3.85	$3.70	4.1%
Shampoo	$1.24	$1.28	3.4%
Movie	$12.52	$12.13	3.2%
Bowling	$22.78	$18.00	26.5%

Groceries

Item	Hazel Green	National avg.	Difference
Ground Beef	$6.04	$5.84	3.5%
Fried Chicken	$1.42	$1.57	9.7%
Milk	$4.55	$4.67	2.6%
Potatoes	$5.33	$4.93	7.9%
Pizza	$12.16	$12.09	0.6%
Beer	$10.23	$10.41	1.7%

Health Care

Item	Hazel Green	National avg.	Difference
Optometrist	$104.06	$125.68	17.2%
Doctor	$130.44	$135.78	3.9%
Dentist	$113.33	$113.29	0.0%
Ibuprofen	$10.52	$10.65	1.2%
Lipitor	$367.22	$468.60	21.6%

Housing

Item	Hazel Green	National avg.	Difference
Home Price	$136,200.00	$184,700.00	26.3%
Avg. Mortgage Payment	$1,800.86	$2,346.69	23.3%
Apartment Rent	$827.00	$949.00	12.9%

Transportation

Item	Hazel Green	National avg.	Difference
Gasoline	$3.16	$3.46	8.7%
Tire Balancing	$61.19	$59.92	2.1%

Utilities

Item	Hazel Green	National avg.	Difference
All Electricity	$191.34	$193.99	1.4%
Phone	$188.01	$192.25	2.2%

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.
Flintville, TN	419	82	17.5%
New Market, AL	1,115	88	12.4%
Ardmore, AL	1,347	89	10.6%
Park City, TN	3,500	90	9.6%
Moores Mill, AL	5,336	97	3.4%
Hazel Green, AL	3,629	92	8.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Pine Island, MN	3,629	99	0.5%
Lyman, SC	3,629	94	5.8%
St. Theresa Point, MB	3,629	n/a
Landmark, AR	3,628	88	12.3%
East Sandwich, MA	3,628	157	56.8%
Hazel Green, AL	3,629	92	8.0%