Russellville, AL Cost Of Living
Cost Of Living In Russellville, AL Summary
Cost of living in Russellville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Russellville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Alabama, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Russellville is 82, with 100 being the average.
The cost of living index in Russellville is 0.8x lower than the national average.
Russellville ranks as the #3 cheapest in Alabama out of 119.
Russellville ranks as the #221 cheapest out of 6,489 in the US.
The median home value in Russellville is $177,078.
The median income in Russellville is $52,529.
Table Of Contents
Russellville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Russellville, AL?
According to the most recent data on the cost of living, Russellville has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Alabama, Russellville has a cost of living index that's 0.9x lower than Alabama's index of 90.
The standard of living in Russellville ranks as #3 most affordable out of the 119 places we measured in Alabama. By definition, that implies Russellville ranks as the #116 most expensive place in the Heart of Dixie.
For more reading on life in Russellville, check out:
In Alabama
In America
Russellville Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Russellville. Here is how it fairs on each of the criteria:
The Services index in Russellville is 91.
The Groceries index in Russellville is 92.
The Health index in Russellville is 84.
The Housing index in Russellville is 55.
The Transportation index in Russellville is 90.
The Utilities index in Russellville is 95.
| Living Expense | Russellville | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 82 | 90 | 100 | |
| Services | 91 | 97 | 100 | |
| Groceries | 92 | 98 | 100 | |
| Health | 84 | 86 | 100 | |
| Housing | 55 | 74 | 100 | |
| Transportation | 90 | 93 | 100 | |
| Utilities | 95 | 102 | 100 | |
Russellville, 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 2019-2023. The key points are:
The Median Home Value in Russellville is $177,078.
The Median Rent in Russellville is $716.
The Median Income in Russellville is $52,529.
The Home Value To Income in Russellville is 3.4x.
The Rent To Monthly Income in Russellville is 0.16x.
| Statistic | Russellville | Alabama | United States |
|---|---|---|---|
| Median Home Value | $177,078 | $232,780 | $303,400 |
| Median Rent | $716 | $963 | $1,348 |
| Median Income | $52,529 | $62,027 | $78,538 |
| Home Value To Income | 3.4x | 3.8x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.19x | 0.21x |
Median Home Value
Median Rent
Median Income
Russellville, AL Costs By Category
Detailed Russellville Services Costs Vs. Alabama
| Item | Russellville | Alabama |
|---|---|---|
| Shampoo | $1.04 | $1.28 |
| Movie | $13.5 | $12.13 |
| Bowling | $17.5 | $18 |
| Haircut | $17.13 | $24.26 |
| Beauty Salon | $32.58 | $45.56 |
Detailed Russellville Groceries Costs Vs. Alabama
| Item | Russellville | Alabama |
|---|---|---|
| Ground Beef | $5.67 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.49 | $4.67 |
| Potatoes | $5.06 | $4.93 |
| Pizza | $9.73 | $12.09 |
| Beer | $10.23 | $10.41 |
| Toothpaste | $3.74 | $3.7 |
Detailed Russellville Health Costs Vs. Alabama
| Item | Russellville | Alabama |
|---|---|---|
| Optometrist | $80.87 | $125.68 |
| Doctor | $90.5 | $135.78 |
| Dentist | $94.28 | $113.29 |
Detailed Russellville Transportation Costs Vs. Alabama
| Item | Russellville | Alabama |
|---|---|---|
| Gasoline | $3.14 | $3.46 |
| Tire Balancing | $52.0 | $59.92 |
Detailed Russellville Utilities Costs Vs. Alabama
| Item | Russellville | Alabama |
|---|---|---|
| All Electricity | $180.93 | $193.99 |
| Phone | $186.22 | $192.25 |
Russellville SnackAbility
/10
Cost Of Living In Cities Around Russellville
The cost of living varies in the cities and towns around Russellville. Here's a quick look at the cost of living in the most populous nearby places:
Decatur, AL has a cost of living index of 90, 1.1x Russellville.
Florence, AL has a cost of living index of 85, 1.0x Russellville.
Athens, AL has a cost of living index of 91, 1.1x Russellville.
| City | Population | Cost Of Living | Vs. Russellville |
|---|---|---|---|
| Decatur, AL | 57,760 | 90 | 1.1x |
| Florence, AL | 41,231 | 85 | 1.0x |
| Athens, AL | 27,474 | 91 | 1.1x |
| Muscle Shoals, AL | 16,670 | 90 | 1.1x |
| Hartselle, AL | 15,586 | 88 | 1.1x |
| Sheffield, AL | 9,334 | 83 | 1.0x |
| Tuscumbia, AL | 9,084 | 85 | 1.0x |
| Booneville, MS | 9,060 | 82 | 1.0x |
