Thomasville, AL Cost Of Living

Thomasville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Thomasville	Alabama	National
Cost of living index	88	89	100
Index	Thomasville	Alabama	National
Goods & Services index	97	96	100
Groceries index	99	97	100
Health care index	94	86	100
Housing index	60	72	100
Transportation index	97	91	100
Utilities index	114	108	100

The above illustration supplies generalized information for the Thomasville, AL cost of living index. Compared to other cities in Alabama and cities across the country, the cost of living index in Thomasville, AL is 88, which is 2% lower than the Alabama average and 12% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Thomasville, AL are 1% higher than the average for Alabama and 3% lower than the rest of the country.

Did you know?

The cost of living in Thomasville is 2% lower than the Alabama average.
The cost of living in Thomasville is 12% lower than the national average.
The cost of housing in Thomasville is 40% lower 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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Salary Calculator

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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

The salary calculator is used in order to provide a comparison of your current salary in Thomasville, AL to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Thomasville, AL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Thomasville, AL salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$52,574	$4,381	$1,227	$1,577
Renters	$27,604	$2,300	$644	$828

The affordability of the housing market in Thomasville, AL as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Thomasville, AL homeowners, the median income is $52,574. This indicates that a monthly maximum of $1,227 should be spent by homeowners on all housing related costs. Renters have a median income of $27,604. This indicates that renters should have a maximum of $644 used for their rent related monthly 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%

One thing to keep in mind when considering the cost of living in Thomasville, AL is the Alabama sales tax and Alabama income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Alabama sales tax rate is 4% and the maximum surtax that can be charged is 13.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Alabama income tax rates range from 2% to 5%.

Goods & Services

Item	Thomasville	National avg.	Difference
Haircut	$14.27	$16.09	11.3%
Beauty Salon	$41.08	$37.33	10.0%
Toothpaste	$2.00	$2.45	18.3%
Shampoo	$0.95	$1.00	5.1%
Movie	$11.58	$10.28	12.6%
Bowling	$4.89	$4.93	0.9%

Groceries

Item	Thomasville	National avg.	Difference
Ground Beef	$3.76	$3.80	1.2%
Fried Chicken	$1.29	$1.40	7.4%
Milk	$2.30	$2.01	14.6%
Potatoes	$3.37	$3.01	11.8%
Pizza	$8.98	$9.89	9.2%
Beer	$8.72	$8.90	2.0%

Health Care

Item	Thomasville	National avg.	Difference
Optometrist	$131.92	$102.16	29.1%
Doctor	$95.27	$108.36	12.1%
Dentist	$78.64	$92.53	15.0%
Ibuprofen	$9.44	$9.28	1.8%
Lipitor	$444.98	$425.82	4.5%

Housing

Item	Thomasville	National avg.	Difference
Home Price	$113,500.00	$184,700.00	38.5%
Avg. Mortgage Payment	$881.46	$1,202.44	26.7%
Apartment Rent	$522.00	$949.00	45.0%

Transportation

Item	Thomasville	National avg.	Difference
Gasoline	$2.08	$2.24	7.5%
Tire Balancing	$48.60	$46.29	5.0%

Utilities

Item	Thomasville	National avg.	Difference
All Electricity	$196.00	$165.96	18.1%
Phone	$31.67	$28.68	10.4%

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, State	Population	Cost of Living Index	National Avg.
Nanafalia, AL	41	87	-13%
Pine Hill, AL	940	79	-21%
Fulton, AL	188	84	-16%
Grove Hill, AL	1,583	90	-10%
Sweet Water, AL	332	92	-8%
Thomasville, AL	4,064	88	-12%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Sunnyside, CA	4,066	115	15%
Sinking Spring, PA	4,066	101	1%
Livingston, TN	4,067	82	-18%
Baden, PA	4,061	89	-11%
Manning, SC	4,060	91	-9%
Thomasville, AL	4,064	88	-12%

Source: The Thomasville, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Thomasville, AL Cost of Living