Tuscumbia 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.
IndexTuscumbiaAlabamaNational
Cost of living index8689100
IndexTuscumbiaAlabamaNational
Goods & Services index9696100
Groceries index9697100
Health care index8487100
Housing index6173100
Transportation index9492100
Utilities index104104100
A general summary of the cost of living index in Tuscumbia, AL is shown above. Compared to the state average of Alabama the cost of living index in Tuscumbia, AL is 86, which is 4% lower than the average in Alabama and compared to the national average it is 14% 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 Tuscumbia, AL goods and services come in at equal to the average in Alabama and are 4% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Tuscumbia is 4% lower than the Alabama average.
  • The cost of living in Tuscumbia is 14% lower than the national average.
  • The cost of housing in Tuscumbia is 39% 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 Tuscumbia, AL Cost of living To Other Cities

Salary Calculator

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Health care index
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Using the salary calculator lets you compare the salary you earn in Tuscumbia, AL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Tuscumbia, AL, you have to earn a higher income in order to still have the same standard of living. To operate the Tuscumbia, AL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$54,583$4,549$1,274$1,638
Renters$17,528$1,461$409$526
One can approximate the cost of living and the housing affordability in Tuscumbia, 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 Tuscumbia, AL have a median income of $54,583. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,274 per month to avoid calamity and poverty. The renters in the city have an income of about $17,528, which would make their monthly maximum allowable rental costs $409.

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alabama4%10%

Alabama Income Tax

StateIncome Tax (Low)Income Tax (High)
Alabama2%5%
The Alabama sales tax and Alabama income tax rates should definitely be considered when determining the overall cost of living in Tuscumbia, AL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Alabama sales tax is 4% and the maximum surtax is 10%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Alabama income tax rates range from 2% to 5%.

Goods & Services

ItemTuscumbiaNational avg.Difference
Haircut $14.17$15.569.0%
Beauty Salon $29.93$36.1117.1%
Toothpaste $2.16$2.4712.6%
Shampoo $1.03$0.967.1%
Movie $11.05$10.139.1%
Bowling $4.75$4.740.4%

Groceries

ItemTuscumbiaNational avg.Difference
Ground Beef $3.84$3.983.5%
Fried Chicken $1.32$1.416.0%
Milk $1.81$2.0612.3%
Potatoes $2.67$2.9810.4%
Pizza $8.49$9.4710.4%
Beer $8.18$8.797.0%

Health Care

ItemTuscumbiaNational avg.Difference
Optometrist $75.13$101.0425.6%
Doctor $74.33$107.4430.8%
Dentist $76.27$90.4215.6%
Ibuprofen $8.44$9.289.0%
Lipitor $431.13$426.501.1%

Housing

ItemTuscumbiaNational avg.Difference
Home Price $105,100.00$175,700.0040.2%
Avg. Mortgage Payment $877.10$1,133.2322.6%
Apartment Rent $589.00$920.0036.0%

Transportation

ItemTuscumbiaNational avg.Difference
Gasoline $1.86$1.996.9%
Tire Balancing $44.57$45.762.6%

Utilities

ItemTuscumbiaNational avg.Difference
All Electricity$162.64$163.810.7%
Phone $31.58$28.3911.2%
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, StatePopulationCost of Living IndexNational Avg.
Leighton, AL80482-18%
Cherokee, AL1,00083-17%
Sheffield, AL9,06784-16%
Russellville, AL9,83684-16%
Littleville, AL99985-15%
Tuscumbia, AL8,56586-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Dormont, PA8,56587-13%
Poteau, OK8,56384-16%
Franklin, KY8,56385-15%
Oak Hills Place, LA8,56811111%
Elwood, IN8,56982-18%
Tuscumbia, AL8,56586-14%
Source: The Tuscumbia, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.