Cost of Living in Enterprise, AL

Population 28,990 · Alabama · Data vintage 2023

71
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Enterprise stay well under national norms: a median home value of $199,000 against median household incomes of $68,306 gives the city one of the more comfortable price-to-income ratios in Alabama.

Located 75 miles southeast of Montgomery, Enterprise is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 34% higher than Montgomery's $149,000.

Cost Overview

Housing 65
Rent 81

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

About the Cost of Living in Enterprise

The median home value in Enterprise is $198,500 — 35% below the national median of $305,000. Median rent runs $1,058/month, 19% lower than the national median of $1,314/month. The median household income of $68,306/year is 8% lower than the US median of $74,580. The local unemployment rate is 4.5%, 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 79.0°F and lows of 56.7°F. Overall, Enterprise has a cost of living index of 71 versus the US average of 100, meaning it is 29% less expensive.

🏠 Housing

Median Home Value
$198,500
35% below avg
Zillow Home Value
$204,056
Zillow ZHVI
Median Rent
$1,058/mo
19% below avg
Zillow Rent
$1,447/mo
Zillow ZORI
Price-to-Rent Ratio
15.6x
Favors buying
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 59.9%
Renter-occupied 40.1%

💰 Estimated Monthly Budget

Rent median rent
$1,058
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,672/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
4.3%

Commute Mode

Drove alone
82.1%
Carpooled
10.9%
Walked
0.4%
Bicycle
0.5%
Work from home
4.3%

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
$68,306
8% below avg
Per Capita Income
$33,779
Unemployment Rate
4.5%
6% below avg
Poverty Rate
17.4%
Labor Force Participation
59.0%

🎓 Education

Bachelor's degree+ 13.4%
Graduate degree 11.2%

👥 Demographics

Median Age 36.1
Male median age 34.4
Female median age 38.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
79.0°F
Avg Low
56.7°F
Annual Precip
53.9"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 626673798791939288817164
Low °F 404349556471737267574742
Precip" 4.764.824.724.792.925.085.956.173.272.703.914.76

Frequently Asked Questions

What is the cost of living in Enterprise, AL?

Enterprise has a cost index of 71 (100 = national average). It is 29% below the national average.

What is average rent in Enterprise, AL?

The median gross rent in Enterprise is $1,058 per month based on 2023 Census data.

What is the average home price in Enterprise?

The median home value in Enterprise is $198,500 according to Zillow and Census data.

What is the median income in Enterprise?

The median household income in Enterprise is $68,306 per year (2023 ACS 5-year estimates).

What is the sales tax in Enterprise, AL?

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

Is Enterprise, AL affordable?

Yes, Enterprise is generally considered affordable, with a cost of living index of 71 — about 29% below the US national average of 100.

What is the weather like in Enterprise?

Enterprise has average high temperatures of 79.0°F and average lows of 56.7°F. Annual precipitation is 53.9". Data from NOAA 1991–2020 Climate Normals.

Enterprise at a Glance

Population
28,990
Median Income
$68,306
Home Value
$198,500
Median Rent
$1,058/mo
Unemployment
4.5%
Avg High Temp
79.0°F
Sales Tax
9.2%
View all cities in Alabama →
🗺️ County data for Alabama

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs