Cost of Living in Good Hope, AL

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A+
9%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
18%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Good Hope Alabama National
Cost of living9189100
Groceries9596100
Health care9895100
Housing8274100
Transportation9395100
Utilities9897100
Lifestyle & Entertainment9294100
Household Items9596100
Education & Childcare9193100
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Homes For Sale In Good Hope, AL

property for sale

132 Challenger WAY

Cullman, AL
property for sale

144 Challenger WAY

Cullman, AL
property for sale

1027 Day Gap Rd

Cullman, AL
property for sale

52 Clarendon Rd

Good Hope, AL

Cost Of Living Quick Facts

  • The cost of living in Good Hope is 2% higher than the Alabama average
  • The cost of living in Good Hope is 9% lower than the national average
  • Good Hope housing is 18% lower than the national average
  • Alabama general sales tax is 22% lower than the national average
  • Alabama state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Good Hope

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      Salary Calculator

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      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$89,703$7,475$2,093$2,691
      Renters$54,225$4,519$1,265$1,627

      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Colony, AL3047920.6%
      Baileyton, AL1,0498316.7%
      East Point, AL3708416.1%
      Dodge City, AL5808713.0%
      Hanceville, AL3,4718712.9%
      Good Hope, AL2,942919.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Elgin, SC2,9428911.0%
      Percé, QC2,942n/a 
      Weedpatch, CA2,9411010.7%
      Eufaula, OK2,943919.0%
      Cetronia, PA2,9431099.0%
      Good Hope, AL2,942919.2%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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