Phenix City 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.
IndexPhenix CityAlabamaNational
Cost of living index9289100
IndexPhenix CityAlabamaNational
Goods & Services index11098100
Groceries index10198100
Health care index8785100
Housing index7273100
Transportation index9292100
Utilities index8699100
A general summary of the cost of living index in Phenix City, AL is shown above. Compared to the state average of Alabama the cost of living index in Phenix City, AL is 92, which is 3% higher than the average in Alabama and compared to the national average it is 8% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Phenix City, AL goods and services come in at 12% higher than the average in Alabama and are 10% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Phenix City is 3% higher than the Alabama average.
  • The cost of living in Phenix City is 8% lower than the national average.
  • The cost of housing in Phenix City is 28% 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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Salary Calculator

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Use the salary calculator to compare your current income in Phenix City, AL to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Phenix City, AL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Phenix City, AL salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$49,765$4,147$1,161$1,493
Renters$29,295$2,441$684$879
The affordability of the housing market in Phenix City, AL as well as the overall cost of living can be indicated accurately 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 ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Phenix City, AL homeowners, the median income is $49,765. This indicates that a monthly maximum of $1,161 should be spent by homeowners on all housing related costs. Renters have a median income of $29,295. This indicates that renters should have a maximum of $684 used for their rent related monthly costs.

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alabama4%10%

Alabama Income Tax

StateIncome Tax (Low)Income Tax (High)
Alabama2%5%
When you are determining the total cost of living in Phenix City, AL you will want to make sure you consider both the Alabama sales tax and the Alabama income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Alabama is 4%, with the highest surtax being 10%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Alabama have a range from 2% to 5%.

Goods & Services

ItemPhenix CityNational avg.Difference
Haircut $14.67$14.590.5%
Beauty Salon $42.00$34.6821.1%
Toothpaste $2.81$2.4713.6%
Shampoo $1.62$1.0258.5%
Movie $12.50$9.8726.7%
Bowling $4.79$4.399.1%

Groceries

ItemPhenix CityNational avg.Difference
Ground Beef $5.81$4.4829.8%
Fried Chicken $1.26$1.4613.9%
Milk $2.17$2.367.9%
Potatoes $3.48$3.0613.7%
Pizza $9.00$9.242.6%
Beer $8.89$8.633.0%

Health Care

ItemPhenix CityNational avg.Difference
Optometrist $74.67$99.7825.2%
Doctor $81.67$105.0322.2%
Dentist $70.00$88.7021.1%
Ibuprofen $8.45$9.4110.2%
Lipitor $327.99$298.509.9%

Housing

ItemPhenix CityNational avg.Difference
Home Price $118,600.00$175,700.0032.5%
Avg. Mortgage Payment $797.54$1,081.0326.2%
Apartment Rent $749.00$920.0018.6%

Transportation

ItemPhenix CityNational avg.Difference
Gasoline $1.98$2.095.2%
Tire Balancing $38.67$45.2914.6%

Utilities

ItemPhenix CityNational avg.Difference
All Electricity$161.13$170.805.7%
Phone $21.01$28.2625.6%
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.
Ladonia, AL2,94788-12%
Smiths Station, AL5,09593-7%
Cusseta-Chattahoochee County, GA11,84693-7%
Columbus, GA198,24795-5%
Phenix City, AL35,75392-8%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lufkin, TX35,75488-12%
Leavenworth, KS35,73890-10%
Torrington, CT35,77411414%
Wildwood, MO35,70112323%
Marion, IA35,80990-10%
Phenix City, AL35,75392-8%
Source: The Phenix City, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.