Cost of Living in Lipscomb, AL

Get 300+ Local Insights for Any Address in Lipscomb, AL

Get Access to 300+ Local Data Points
A+
18%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
48%
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 Lipscomb Alabama National
Cost of living8289100
Groceries9596100
Health care9795100
Housing5274100
Transportation9595100
Utilities9597100
Lifestyle & Entertainment9794100
Household Items9596100
Education & Childcare8693100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Lipscomb, AL

property for sale

2003 Crescent Ave

Bessemer, AL
property for sale

5803 Avenue G

Bessemer, AL
property for sale

5908 7th St S

Bessemer, AL
property for sale

5703 Avenue O

Bessemer, AL
See the Newest Homes For Sale In Lipscomb, AL

Cost Of Living Quick Facts

  • The cost of living in Lipscomb is 8% lower than the Alabama average
  • The cost of living in Lipscomb is 18% lower than the national average
  • Lipscomb housing is 48% 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 Lipscomb

See all the best places to live around Lipscomb

Compare Lipscomb, AL Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Lipscomb?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Lipscomb?
      Write a review to give others more information about this area.
      See all Lipscomb poll results

      The best places in Alabama

      Here are the best places to live in AlabamaCheck out the 10 safest cities in AlabamaThese are the largest cities in AlabamaCheck out the 10 most dangerous cities in Alabama
      Best Places in Alabama

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$60,967$5,081$1,422$1,829
      Renters$47,395$3,950$1,106$1,422

      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.
      Brantleyville, AL8377624.1%
      Edgewater, AL8528218.5%
      North Johns, AL1568019.8%
      Brighton, AL2,9398118.8%
      Mulga, AL7868317.1%
      Lipscomb, AL2,1208218.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Soulsbyville, CA2,12013130.6%
      Holden, MO2,1208416.0%
      Syracuse, NE2,120909.9%
      Parry Sound, Unorganized, Centre Part, ON2,120n/a 
      Butler, GA2,1218514.9%
      Lipscomb, AL2,1208218.3%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026