Cost of Living in Fort Payne, AL

Population 14,886 · Alabama · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Fort Payne a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $158,000. A poverty rate near 23% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Located 50 miles southwest of Chattanooga, Fort Payne falls within that metro's commuting orbit. Median home values run roughly 39% lower than Chattanooga's $259,000.

Cost Overview

Housing 52
Rent 51

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

About the Cost of Living in Fort Payne

The median home value in Fort Payne is $158,100 — 48% below the national median of $305,000. Median rent runs $670/month, 49% lower than the national median of $1,314/month. The median household income of $48,623/year is 35% lower than the US median of $74,580. The local unemployment rate is 6.0%, 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, Fort Payne has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$158,100
48% below avg
Zillow Home Value
$198,051
Zillow ZHVI
Median Rent
$670/mo
49% below avg
Price-to-Rent Ratio
19.7x
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 67.3%
Renter-occupied 32.7%

💰 Estimated Monthly Budget

Rent median rent
$670
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,284/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
20.8 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.9%

Commute Mode

Drove alone
73.3%
Carpooled
17.7%
Walked
2.3%
Work from home
5.9%

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
$48,623
35% below avg
Per Capita Income
$27,039
Unemployment Rate
6.0%
24% above avg
Poverty Rate
23.5%
Labor Force Participation
59.2%

🎓 Education

Bachelor's degree+ 10.0%
Graduate degree 7.5%

👥 Demographics

Median Age 39.3
Male median age 37.6
Female median age 39.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
58.1%
Good air days/yr
133
Max AQI recorded
203
PM2.5 days
162
Ozone days

Frequently Asked Questions

What is the cost of living in Fort Payne, AL?

Fort Payne has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Fort Payne, AL?

The median gross rent in Fort Payne is $670 per month based on 2023 Census data.

What is the average home price in Fort Payne?

The median home value in Fort Payne is $158,100 according to Zillow and Census data.

What is the median income in Fort Payne?

The median household income in Fort Payne is $48,623 per year (2023 ACS 5-year estimates).

What is the sales tax in Fort Payne, AL?

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

Is Fort Payne, AL affordable?

Yes, Fort Payne is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

Fort Payne at a Glance

Population
14,886
Median Income
$48,623
Home Value
$158,100
Median Rent
$670/mo
Unemployment
6.0%
Sales Tax
9.2%
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🗺️ County data for Alabama

Explore county-level cost of living data

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