Cost of Living in Centre, AL

Population 3,664 · Alabama · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The median resident in Centre is 55 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals.

Located 70 miles southwest of Chattanooga, Centre is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 36% lower than Chattanooga's $259,000.

Cost Overview

Housing 55
Rent 51

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Centre

The median home value in Centre is $166,300 — 45% below the national median of $305,000. Median rent runs $666/month, 49% lower than the national median of $1,314/month. The median household income of $43,912/year is 41% lower than the US median of $74,580. The local unemployment rate is 4.4%, 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%. The climate averages highs of 69.4°F and lows of 48.6°F. Overall, Centre has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$166,300
45% below avg
Zillow Home Value
$573,851
Zillow ZHVI
Median Rent
$666/mo
49% below avg
Price-to-Rent Ratio
20.8x
Favors renting
Property Tax Rate
0.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$688
2 BR
$857
3 BR
$1,132
4 BR
$1,309
Owner-occupied 63.9%
Renter-occupied 36.1%

💰 Estimated Monthly Budget

Rent median rent
$666
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,280/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.1 min
18% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.2%

Commute Mode

Drove alone
79.1%
Carpooled
8.8%
Work from home
11.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 9.2%
State rate 4.0%
Avg local rate 5.2%
Property Tax 0.4%

💼 Income & Employment

Median Household Income
$43,912
41% below avg
Per Capita Income
$33,456
Unemployment Rate
4.4%
9% below avg
Poverty Rate
11.5%
Labor Force Participation
44.2%

🎓 Education

Bachelor's degree+ 9.4%
Graduate degree 5.5%

👥 Demographics

Median Age 55.2
Male median age 54.3
Female median age 58.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.4°F
Avg Low
48.6°F
Annual Precip
57.6"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 505461707784878681716152
Low °F 313441485563676659483834
Precip" 5.474.955.555.184.264.824.223.934.483.884.766.13

Frequently Asked Questions

What is the cost of living in Centre, AL?

Centre has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Centre, AL?

The median gross rent in Centre is $666 per month based on 2023 Census data.

What is the average home price in Centre?

The median home value in Centre is $166,300 according to Zillow and Census data.

What is the median income in Centre?

The median household income in Centre is $43,912 per year (2023 ACS 5-year estimates).

What is the sales tax in Centre, AL?

The combined state and local sales tax rate in Centre is 9.2%. The Alabama state income tax top rate is 5.0%.

Is Centre, AL affordable?

Yes, Centre is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

What is the weather like in Centre?

Centre has average high temperatures of 69.4°F and average lows of 48.6°F. Annual precipitation is 57.6". Data from NOAA 1991–2020 Climate Normals.

Centre at a Glance

Population
3,664
Median Income
$43,912
Home Value
$166,300
Median Rent
$666/mo
Unemployment
4.4%
Avg High Temp
69.4°F
Sales Tax
9.2%
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🗺️ County data for Alabama

Explore county-level cost of living data

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