What is the cost of living in Hamilton, AL?
According to the most recent data on the cost of living, Hamilton has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Alabama, Hamilton has a cost of living index that's 0.9x lower than Alabama's index of 91.
The standard of living in Hamilton ranks as #8 most affordable out of the 116 places we measured in Alabama. By definition, that implies Hamilton ranks as the #108 most expensive place in the Heart of Dixie.
For more reading on life in Hamilton, check out:
Hamilton Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Hamilton. Here is how it fares on each of the criteria:
The Services index in Hamilton is 99.
The Groceries index in Hamilton is 91.
The Health index in Hamilton is 53.
The Housing index in Hamilton is 94.
The Transportation index in Hamilton is 100.
The Utilities index in Hamilton is 92.
| Living Expense | Hamilton | Alabama | National Average |
|---|---|---|---|
| Overall | 84 | 91 | 100 |
| Services | 99 | 95 | 100 |
| Groceries | 91 | 96 | 100 |
| Health | 53 | 74 | 100 |
| Housing | 94 | 96 | 100 |
| Transportation | 100 | 95 | 100 |
| Utilities | 92 | 95 | 100 |
Hamilton Cost Of Living Compared To Alabama Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Alabama, check out:
Protect your home budget Compare home warranties in Hamilton Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Hamilton, AL Housing Cost Breakdown
Housing swings affordability the most between places in Alabama, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Hamilton is $172,640.
The Median Rent in Hamilton is $599.
The Median Income in Hamilton is $54,871.
The Home Value To Income in Hamilton is 3.1x.
The Rent To Monthly Income in Hamilton is 0.13x.
Hamilton, AL Costs By Category
Detailed Hamilton Services costs vs. Alabama
Detailed Hamilton Groceries costs vs. Alabama
Detailed Hamilton Health costs vs. Alabama
Detailed Hamilton Transportation costs vs. Alabama
Hamilton SnackAbility
Cost Of Living In Cities Around Hamilton
The cost of living varies in the cities and towns around Hamilton. Here's a quick look at the cost of living in the most populous nearby places:
Tupelo, MS has a cost of living index of 92, 1.1x Hamilton.
Muscle Shoals, AL has a cost of living index of 90, 1.1x Hamilton.
Jasper, AL has a cost of living index of 91, 1.1x Hamilton.
| City | Population | Cost Of Living | Vs. Hamilton |
|---|---|---|---|
| Tupelo, MS | 37,791 | 92 | 1.1x |
| Muscle Shoals, AL | 16,951 | 90 | 1.1x |
| Jasper, AL | 14,442 | 91 | 1.1x |
| Booneville, MS | 9,246 | 89 | 1.1x |
| Amory, MS | 6,500 | 86 | 1.0x |
