Cost of Living in Argo, AL
Population 4,456 · Alabama · Data vintage 2023
(100 = US avg)
Argo sits on the smaller end of the Alabama city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 0.0% points to a labor market well on the tight side of the national distribution.
Located 20 miles northeast of Birmingham, Argo falls within that metro's commuting orbit. Median home values run roughly 80% higher than Birmingham's $139,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Argo
The median home value in Argo is $249,700 — 18% below the national median of $305,000. Median rent runs $2,103/month, 60% higher than the national median of $1,314/month. The median household income of $107,818/year is 45% higher than the US median of $74,580. The local unemployment rate is 0.0%, below 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, Argo has a cost of living index of 113 versus the US average of 100, meaning it is 13% more expensive.
Argo has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Argo, AL?
Argo has a cost index of 113 (100 = national average). It is 13% above the national average.
What is average rent in Argo, AL?
The median gross rent in Argo is $2,103 per month based on 2023 Census data.
What is the average home price in Argo?
The median home value in Argo is $249,700 according to 2023 Census ACS data.
What is the median income in Argo?
The median household income in Argo is $107,818 per year (2023 ACS 5-year estimates).
What is the sales tax in Argo, AL?
The combined state and local sales tax rate in Argo is 9.2%. The Alabama state income tax top rate is 5.0%.
Is Argo, AL affordable?
Argo is above average in cost of living, with an index of 113 — about 13% higher than the national average.
Argo at a Glance
- Population
- 4,456
- Median Income
- $107,818
- Home Value
- $249,700
- Median Rent
- $2,103/mo
- Unemployment
- 0.0%
- Sales Tax
- 9.2%
Nearby Cities
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Alabama Rankings
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