Prichard, Alabama Cost Of Living

A+

21%

Overall NAT. AVG.

10%

Goods & Services NAT. AVG.

53%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2023; 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.
Index	Prichard	Alabama	National
Cost of living	79	88	100
Goods & Services	90	95	100
Groceries	101	97	100
Health care	99	89	100
Housing	47	72	100
Transportation	86	90	100
Utilities	99	101	100

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Cost Of Living Quick Facts

The cost of living in Prichard is 10% lower than the Alabama average
The cost of living in Prichard is 21% lower than the national average
Prichard housing is 53% lower than the national average
Alabama general sales tax is 22% lower than the national average
Alabama state income tax is 11% 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	$37,662	$3,139	$879	$1,130
Renters	$23,508	$1,959	$548	$705

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Prichard, AL, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Prichard homeowners, is $37,662. This would allow for a maximum of $879 per month to be spent on housing costs. For renters, the median monthly income is $23,508 which would result in a maximum of $548 to be spent on rental costs.

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	Prichard	National avg.	Difference
Haircut	$18.00	$22.08	18.5%
Beauty Salon	$33.75	$42.88	21.3%
Toothpaste	$1.80	$2.57	29.8%
Shampoo	$1.00	$1.15	13.3%
Movie	$12.34	$11.51	7.3%
Bowling	$15.39	$16.62	7.4%

Groceries

Item	Prichard	National avg.	Difference
Ground Beef	$4.94	$4.98	0.8%
Fried Chicken	$1.70	$1.58	7.1%
Milk	$2.78	$2.42	14.9%
Potatoes	$3.74	$3.54	5.7%
Pizza	$9.77	$11.49	15.0%
Beer	$10.30	$10.04	2.6%

Health Care

Item	Prichard	National avg.	Difference
Optometrist	$122.89	$117.76	4.4%
Doctor	$107.50	$125.34	14.2%
Dentist	$112.66	$107.52	4.8%
Ibuprofen	$10.22	$10.26	0.4%
Lipitor	$499.73	$459.24	8.8%

Housing

Item	Prichard	National avg.	Difference
Home Price	$66,100.00	$184,700.00	64.2%
Avg. Mortgage Payment	$1,000.63	$1,697.41	41.0%
Apartment Rent	$805.00	$949.00	15.2%

Transportation

Item	Prichard	National avg.	Difference
Gasoline	$3.61	$3.85	6.1%
Tire Balancing	$40.20	$57.01	29.5%

Utilities

Item	Prichard	National avg.	Difference
All Electricity	$177.26	$177.27	0.0%
Phone	$185.85	$189.62	2.0%

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	Population	Cost of Living Index	National Avg.
Chunchula, AL	312	93	6.7%
Chickasaw, AL	5,757	82	17.8%
Axis, AL	269	84	16.0%
Tillmans Corner, AL	17,419	85	14.9%
Theodore, AL	6,039	86	14.4%
Prichard, AL	21,618	79	20.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Albertville, AL	21,620	86	13.7%
Lealman, FL	21,621	86	13.9%
Golden Valley, MN	21,611	113	12.7%
Coralville, IA	21,630	100	0.1%
Sedalia, MO	21,634	85	14.8%
Prichard, AL	21,618	79	20.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2023; this is the most current data available.