D+
Overall 5%
Goods & Services 7%
Housing 7%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexPetermanAlabamaNational
Cost of living10589100
Goods & Services10798100
Groceries10196100
Health care10991100
Housing10772100
Transportation9491100
Utilities102103100

Key findings

  • The cost of living in Peterman is 17% higher than the Alabama average
  • The cost of living in Peterman is 5% higher than the national average
  • Peterman housing is 7% higher 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 Peterman, AL Cost of Living

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$0$0$0$0
      Renters$31,250$2,604$729$938

      Alabama Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Alabama4%13.5%

      Alabama Income Tax

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

      Goods & Services

      ItemPetermanNational avg.Difference
      Haircut $15.00$17.4914.2%
      Beauty Salon $37.75$38.171.1%
      Toothpaste $1.71$2.3226.3%
      Shampoo $0.83$1.0118.0%
      Movie $12.51$10.7216.7%
      Bowling $18.00$13.8629.9%

      Groceries

      ItemPetermanNational avg.Difference
      Ground Beef $4.58$3.9017.4%
      Fried Chicken $1.28$1.408.3%
      Milk $2.40$1.9622.3%
      Potatoes $4.20$3.1832.0%
      Pizza $9.79$10.395.8%
      Beer $9.47$9.232.6%

      Health Care

      ItemPetermanNational avg.Difference
      Optometrist $134.60$106.3426.6%
      Doctor $117.00$115.251.5%
      Dentist $113.50$98.3815.4%
      Ibuprofen $9.98$9.267.8%
      Lipitor $493.71$466.475.8%

      Housing

      ItemPetermanNational avg.Difference
      Home Price $197,500.00$184,700.006.9%
      Avg. Mortgage Payment $890.75$1,273.3230.0%
      Apartment Rent $0.00$949.00100.0%

      Transportation

      ItemPetermanNational avg.Difference
      Gasoline $2.41$2.597.2%
      Tire Balancing $47.74$48.902.4%

      Utilities

      ItemPetermanNational avg.Difference
      All Electricity$174.87$167.604.3%
      Phone $178.98$163.429.5%
      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.
      Megargel, AL631044%
      Beatrice, AL27876-24%
      Frisco City, AL1,20684-16%
      Repton, AL19282-18%
      Monroeville, AL6,20389-11%
      Peterman, AL2091055%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Utica, KY20992-8%
      Daggett, MI20978-22%
      Highwood, MT20992-8%
      Melvin, TX20970-30%
      Sperryville, VA2091066%
      Peterman, AL2091055%
      Source: The Peterman, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.