Cost of Living in Alexander City, AL
Population 14,686 · Alabama · Data vintage 2023
(100 = US avg)
Alexander City's median household income of $42,367 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (22% here). At 7.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 45 miles northeast of Montgomery, Alexander City falls within that metro's commuting orbit. Median home values run roughly 8% lower than Montgomery's $149,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Alexander City
The median home value in Alexander City is $135,900 — 55% below the national median of $305,000. Median rent runs $690/month, 47% lower than the national median of $1,314/month. The median household income of $42,367/year is 43% lower than the US median of $74,580. The local unemployment rate is 7.7%, above the national average of 4.8%. Alabama's top state income tax rate is 5.0% and the combined sales tax is 9.2%. Overall, Alexander City has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Alexander City, AL?
Alexander City has a cost index of 48 (100 = national average). It is 52% below the national average.
What is average rent in Alexander City, AL?
The median gross rent in Alexander City is $690 per month based on 2023 Census data.
What is the average home price in Alexander City?
The median home value in Alexander City is $135,900 according to Zillow and Census data.
What is the median income in Alexander City?
The median household income in Alexander City is $42,367 per year (2023 ACS 5-year estimates).
What is the sales tax in Alexander City, AL?
The combined state and local sales tax rate in Alexander City is 9.2%. The Alabama state income tax top rate is 5.0%.
Is Alexander City, AL affordable?
Yes, Alexander City is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.
Alexander City at a Glance
- Population
- 14,686
- Median Income
- $42,367
- Home Value
- $135,900
- Median Rent
- $690/mo
- Unemployment
- 7.7%
- Sales Tax
- 9.2%
Nearby Cities
Explore county-level cost of living data
Alabama Rankings
Similar Cost Cities
Cities in other states with comparable housing costs