Cost Of Living in Ray, AL

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

Get Access to 300+ Local Data Points

A+

6%

Overall NAT. AVG.

7%

Groceries NAT. AVG.

100%

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	Ray	Alabama	National
Cost of living	94	89	100
Groceries	94	96	100
Health care	93	95	100
Housing	n/a	74	100
Transportation	93	95	100
Utilities	96	97	100
Lifestyle & Entertainment	93	94	100
Household Items	95	96	100
Education & Childcare	94	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 Ray, AL

1905 AL Highway 22

Alexander City, AL

Cost Of Living Quick Facts

The cost of living in Ray is 6% higher than the Alabama average
The cost of living in Ray is 6% lower than the national average
Ray housing is 17% 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 Ray

See all the best places to live around Ray

Compare Ray, AL Cost of Living

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

See all Ray poll results

The best places in Alabama

Here are the best places to live in Alabama

Most Dangerous States In The US

Most Dangerous Cities In The US

See the best places to live in Ray

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	$65,992	$5,499	$1,540	$1,980
Renters	$0	$0	$0	$0

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.
Hissop, AL	222	96	4.1%
Hackneyville, AL	344	75	24.5%
Our Town, AL	587	79	21.2%
Kellyton, AL	180	79	20.9%
Goldville, AL	49	79	20.7%
Ray, AL	481	94	6.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Scammon Bay, AK	481	93	7.2%
Nazlini, AZ	481	82	18.2%
Allenspark, CO	481	137	37.2%
Calhan, CO	481	105	5.4%
Jupiter Inlet Colony, FL	481	378	277.6%
Ray, AL	481	94	6.1%