Cost of Living in Sheffield, AL

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15%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
39%
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 Sheffield Alabama National
Cost of living8589100
Groceries9596100
Health care9795100
Housing6174100
Transportation9895100
Utilities9697100
Lifestyle & Entertainment9494100
Household Items9596100
Education & Childcare9193100
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Homes For Sale In Sheffield, AL

property for sale

1709 Tennessee St

Sheffield, AL
property for sale

606 River Bluff Dr

Sheffield, AL
property for sale

607 N Raleigh Ave

Sheffield, AL
property for sale

614 Pickwick St

Sheffield, AL
See the Newest Homes For Sale In Sheffield, AL

Cost Of Living Quick Facts

  • The cost of living in Sheffield is 4% lower than the Alabama average
  • The cost of living in Sheffield is 15% lower than the national average
  • Sheffield housing is 39% 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 Sheffield

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Compare Sheffield, AL Cost of Living

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      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$75,660$6,305$1,765$2,270
      Renters$29,788$2,482$695$894
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Sheffield, AL, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Sheffield, homeowners have a median income of $75,660. Using that number, a maximum of $1,765 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $29,788, which means there is a maximum of $695 to be spent on the costs of renting a home or apartment.

      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.
      Leighton, AL8067920.6%
      Cherokee, AL8988317.5%
      Underwood-Petersville, AL2,7788614.3%
      Tuscumbia, AL8,7418713.2%
      Littleville, AL9738911.5%
      Sheffield, AL9,1168514.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Andover, MA9,11716059.9%
      Franklin, KY9,1148911.0%
      New Glasgow, NS9,114n/a 
      Covington, TN9,1138811.8%
      Savoy, IL9,1101055.0%
      Sheffield, AL9,1168514.8%
      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.
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