Cottonwood 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.
IndexCottonwoodAlabamaNational
Cost of living index7889100
IndexCottonwoodAlabamaNational
Goods & Services index9196100
Groceries index9997100
Health care index8786100
Housing index4172100
Transportation index8891100
Utilities index107108100
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Did you know?

  • The cost of living in Cottonwood is 13% lower than the Alabama average.
  • The cost of living in Cottonwood is 22% lower than the national average.
  • The cost of housing in Cottonwood is 59% 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 Cottonwood, AL Cost of living To Other Cities

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$35,625$2,969$831$1,069
Renters$18,365$1,530$428$551

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alabama4%13.5%

Alabama Income Tax

StateIncome Tax (Low)Income Tax (High)
Alabama2%5%

Goods & Services

ItemCottonwoodNational avg.Difference
Haircut $12.08$16.0924.9%
Beauty Salon $21.51$37.3342.4%
Toothpaste $1.75$2.4528.3%
Shampoo $0.93$1.007.1%
Movie $7.94$10.2822.8%
Bowling $4.23$4.9314.2%

Groceries

ItemCottonwoodNational avg.Difference
Ground Beef $3.70$3.802.7%
Fried Chicken $1.51$1.408.4%
Milk $2.16$2.017.8%
Potatoes $3.05$3.011.3%
Pizza $10.00$9.891.2%
Beer $8.77$8.901.5%

Health Care

ItemCottonwoodNational avg.Difference
Optometrist $75.02$102.1626.6%
Doctor $87.01$108.3619.7%
Dentist $66.84$92.5327.8%
Ibuprofen $12.82$9.2838.2%
Lipitor $450.67$425.825.8%

Housing

ItemCottonwoodNational avg.Difference
Home Price $74,000.00$184,700.0059.9%
Avg. Mortgage Payment $858.21$1,202.4428.6%
Apartment Rent $422.00$949.0055.5%

Transportation

ItemCottonwoodNational avg.Difference
Gasoline $2.01$2.2410.2%
Tire Balancing $38.58$46.2916.7%

Utilities

ItemCottonwoodNational avg.Difference
All Electricity$141.42$165.9614.8%
Phone $38.17$28.6833.1%
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, StatePopulationCost of Living IndexNational Avg.
Jacob City, FL34276-24%
Gordon, AL25577-23%
Madrid, AL41177-23%
Malvern, AL1,78579-21%
Greenwood, FL87580-20%
Cottonwood, AL1,31678-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Chatmoss, VA1,31689-11%
Averill Park, NY1,3161011%
Crystal Lakes, OH1,31684-16%
Toluca, IL1,31685-15%
Victoria, KS1,31685-15%
Cottonwood, AL1,31678-22%
Source: The Cottonwood, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.