Florence-Muscle Shoals Metro Area, AL Cost of Living


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United States / Alabama / Florence-Muscle Shoals Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Florence-Muscle Shoals, Alabama?
$2,850 / month
for a family, 47.2% less expensive than the national average A total of $34,200 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Florence-Muscle Shoals cost of living score
80.8
Less expensive
19.2% lower
than the US average
3.9% lower
than the Alabama average
Florence-Muscle Shoals Alab Metro Area, Alabama gets a BestPlaces Cost of Living score of 80.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.2% lower than the U.S. average and 3.9% higher than the average for Alabama.

Florence-Muscle Shoals Metro Area, AL

Housing costs in Florence-Muscle Shoals?
A typical home costs $178,400, which is 47.2% less expensive than the national average of $338,100 and 16.6% less expensive than the average Alabama home, at $214,000. Renting a two-bedroom unit in Florence-Muscle Shoals costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 16.0% cheaper than the state average of $940.

Can I afford Florence-Muscle Shoals?
To live comfortably in Florence-Muscle Shoals Alab Metro Area, Alabama, a minimum annual income of $34,200 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Florence-Muscle Shoals?
The cost of living in Florence-Muscle Shoals, AL Metro Area is significantly lower than the US average. According to data obtained through research, the median house value in the area is $178,400 and the cost of living is 80.8 compared to the US average of 100. This means that it is more affordable for individuals and families to purchase a home and live comfortably in Florence-Muscle Shoals than in many other areas of the United States. The area also offers access to amenities such as restaurants, shopping centers, entertainment venues, and more - making it a great place to live for those who desire a lower cost of living without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFlorence-Muscle ShoalsAlabamaUnited States
    Unlock84.1100.0
  93.8  Unlock100.0
    Unlock118.9100.0
  46.5  Unlock100.0
    Unlock$214,000$338,100
  97.7  Unlock100.0
    Unlock85.9100.0
  80.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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