Locust Fork, AL Cost Of Living

Locust Fork 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.
Index	Locust Fork	Alabama	National
Cost of living index	87	89	100
Index	Locust Fork	Alabama	National
Goods & Services index	92	96	100
Groceries index	96	97	100
Health care index	84	86	100
Housing index	73	72	100
Transportation index	91	91	100
Utilities index	101	108	100

Did you know?

The cost of living in Locust Fork is 2% lower than the Alabama average.
The cost of living in Locust Fork is 13% lower than the national average.
The cost of housing in Locust Fork is 27% 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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Price difference in compared to

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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$58,011	$4,834	$1,353	$1,741
Renters	$43,750	$3,646	$1,021	$1,313

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%

Goods & Services

Item	Locust Fork	National avg.	Difference
Haircut	$15.33	$16.09	4.7%
Beauty Salon	$34.18	$37.33	8.4%
Toothpaste	$3.52	$2.45	43.7%
Shampoo	$0.84	$1.00	16.0%
Movie	$10.49	$10.28	2.1%
Bowling	$5.28	$4.93	7.1%

Groceries

Item	Locust Fork	National avg.	Difference
Ground Beef	$4.01	$3.80	5.4%
Fried Chicken	$1.26	$1.40	9.6%
Milk	$2.26	$2.01	12.4%
Potatoes	$5.16	$3.01	71.4%
Pizza	$8.49	$9.89	14.1%
Beer	$8.14	$8.90	8.6%

Health Care

Item	Locust Fork	National avg.	Difference
Optometrist	$116.33	$102.16	13.9%
Doctor	$86.11	$108.36	20.5%
Dentist	$71.22	$92.53	23.0%
Ibuprofen	$5.96	$9.28	35.8%
Lipitor	$432.03	$425.82	1.5%

Housing

Item	Locust Fork	National avg.	Difference
Home Price	$115,800.00	$184,700.00	37.3%
Avg. Mortgage Payment	$972.83	$1,202.44	19.1%
Apartment Rent	$921.00	$949.00	3.0%

Transportation

Item	Locust Fork	National avg.	Difference
Gasoline	$2.01	$2.24	10.3%
Tire Balancing	$43.49	$46.29	6.1%

Utilities

Item	Locust Fork	National avg.	Difference
All Electricity	$190.76	$165.96	14.9%
Phone	$24.33	$28.68	15.2%

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, State	Population	Cost of Living Index	National Avg.
Allgood, AL	663	78	-22%
Trafford, AL	660	78	-22%
Warrior, AL	3,198	80	-20%
Garden City, AL	461	80	-20%
Hanceville, AL	3,223	82	-18%
Locust Fork, AL	1,404	87	-13%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Arma, KS	1,404	78	-22%
Buchanan Dam, TX	1,404	93	-7%
Hinsdale, NH	1,404	103	3%
Cerro Gordo, IL	1,404	81	-19%
Black Creek, WI	1,404	86	-14%
Locust Fork, AL	1,404	87	-13%

Source: The Locust Fork, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Locust Fork, AL Cost of Living