Tuscumbia, AL Cost Of Living
Cost Of Living In Tuscumbia, AL Summary
Cost of living in Tuscumbia 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 Tuscumbia 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 Tuscumbia is 85, with 100 being the average.
The cost of living index in Tuscumbia is 0.8x lower than the national average.
Tuscumbia ranks as the #18 cheapest in Alabama out of 119.
Tuscumbia ranks as the #511 cheapest out of 6,489 in the US.
The median home value in Tuscumbia is $194,518.
The median income in Tuscumbia is $47,342.
Table Of Contents
Tuscumbia's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Tuscumbia, AL?
According to the most recent data on the cost of living, Tuscumbia has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Alabama, Tuscumbia has a cost of living index that's 0.9x lower than Alabama's index of 90.
The standard of living in Tuscumbia ranks as #18 most affordable out of the 119 places we measured in Alabama. By definition, that implies Tuscumbia ranks as the #101 most expensive place in the Heart of Dixie.
For more reading on life in Tuscumbia, check out:
In Alabama
In America
Tuscumbia Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Tuscumbia. Here is how it fairs on each of the criteria:
The Services index in Tuscumbia is 91.
The Groceries index in Tuscumbia is 94.
The Health index in Tuscumbia is 81.
The Housing index in Tuscumbia is 64.
The Transportation index in Tuscumbia is 89.
The Utilities index in Tuscumbia is 94.
| Living Expense | Tuscumbia | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 85 | 90 | 100 | |
| Services | 91 | 97 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 81 | 86 | 100 | |
| Housing | 64 | 74 | 100 | |
| Transportation | 89 | 93 | 100 | |
| Utilities | 94 | 102 | 100 | |
Tuscumbia, 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 Tuscumbia is $194,518.
The Median Rent in Tuscumbia is $760.
The Median Income in Tuscumbia is $47,342.
The Home Value To Income in Tuscumbia is 4.1x.
The Rent To Monthly Income in Tuscumbia is 0.19x.
Median Home Value
Median Rent
Median Income
Tuscumbia, AL Costs By Category
Detailed Tuscumbia Services Costs Vs. Alabama
Detailed Tuscumbia Groceries Costs Vs. Alabama
Detailed Tuscumbia Health Costs Vs. Alabama
Detailed Tuscumbia Transportation Costs Vs. Alabama
Detailed Tuscumbia Utilities Costs Vs. Alabama
Tuscumbia SnackAbility
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Cost Of Living In Cities Around Tuscumbia
The cost of living varies in the cities and towns around Tuscumbia. 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 Tuscumbia.
Florence, AL has a cost of living index of 85, 1.0x Tuscumbia.
Athens, AL has a cost of living index of 91, 1.1x Tuscumbia.
| City | Population | Cost Of Living | Vs. Tuscumbia |
|---|---|---|---|
| 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 | 1.0x |
| Corinth, MS | 14,450 | 87 | 1.0x |
| Lawrenceburg, TN | 11,732 | 86 | 1.0x |
| Russellville, AL | 10,783 | 82 | 1.0x |
| Sheffield, AL | 9,334 | 83 | 1.0x |
| Booneville, MS | 9,060 | 82 | 1.0x |
