Cost Of Living in New Market, AL

Get 300+ Local Insights for Any Address in New Market, AL

Get Access to 300+ Local Data Points

A+

14%

Overall NAT. AVG.

5%

Groceries NAT. AVG.

36%

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	New Market	Alabama	National
Cost of living	86	89	100
Groceries	96	96	100
Health care	95	95	100
Housing	64	74	100
Transportation	96	95	100
Utilities	100	97	100
Lifestyle & Entertainment	91	94	100
Household Items	94	96	100
Education & Childcare	93	93	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In New Market, AL

303 Spanish Moss Ct

, AL

198 Saddle St

New Market, AL

148 Mill Valley Way

New Market, AL

201 Saddle St

New Market, AL

Cost Of Living Quick Facts

The cost of living in New Market is 4% lower than the Alabama average
The cost of living in New Market is 14% lower than the national average
New Market housing is 36% 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 New Market

See all the best places to live around New Market

Compare New Market, AL Cost of Living

Write a review to give others more information about this area.

See all New Market poll results

The best places in Alabama

Here are the best places to live in Alabama

Safest Cities In The US

These are the largest cities in Alabama

Safest States In The US

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	$84,606	$7,051	$1,974	$2,538
Renters	$42,121	$3,510	$983	$1,264

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.
Flintville, TN	429	81	19.4%
Huntland, TN	1,095	84	16.3%
Gurley, AL	594	85	14.5%
Pleasant Groves, AL	491	86	14.0%
Park City, TN	3,623	89	11.0%
New Market, AL	1,150	86	14.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Homeland, GA	1,150	87	12.8%
Greenleaf, ID	1,150	99	1.1%
Goreville, IL	1,150	86	14.5%
Woodland, ME	1,150	88	11.8%
Kansas, OK	1,150	78	21.9%
New Market, AL	1,150	86	14.3%

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.

Cost of Living in New Market, AL

Homes For Sale In New Market, AL

Cost Of Living Quick Facts

Most Affordable Places to Live in and Around New Market

Compare New Market, AL Cost of Living

The best places in Alabama

Salary Calculator

Median Income & Debt-To-Income Ratio

Alabama Sales Tax

Alabama Income Tax

Nearby cities with low cost of living

Cities with similar population