Cost of Living in Greenville, AL

Population 7,229 · Alabama · Data vintage 2023

45
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $40,744, median household incomes in Greenville land roughly 45% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 27% 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.

Geographically, Greenville is about 40 miles southwest of Montgomery, the nearest large metro. Median home values run roughly 21% lower than Montgomery's $149,000.

Cost Overview

Housing 39
Rent 55

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

About the Cost of Living in Greenville

The median home value in Greenville is $117,800 — 61% below the national median of $305,000. Median rent runs $728/month, 45% lower than the national median of $1,314/month. The median household income of $40,744/year is 45% lower than the US median of $74,580. The local unemployment rate is 7.3%, 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%. The climate averages highs of 77.5°F and lows of 54.6°F. Overall, Greenville has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$117,800
61% below avg
Zillow Home Value
$112,656
Zillow ZHVI
Median Rent
$728/mo
45% below avg
Price-to-Rent Ratio
13.5x
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 46.9%
Renter-occupied 53.1%

💰 Estimated Monthly Budget

Rent median rent
$728
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,342/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
20.2 min
25% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.1%

Commute Mode

Drove alone
88.7%
Carpooled
7.2%
Work from home
3.1%

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
$40,744
45% below avg
Per Capita Income
$24,945
Unemployment Rate
7.3%
52% above avg
Poverty Rate
27.3%
Labor Force Participation
55.9%

🎓 Education

Bachelor's degree+ 9.3%
Graduate degree 8.2%

👥 Demographics

Median Age 36.3
Male median age 32.6
Female median age 40

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.5°F
Avg Low
54.6°F
Annual Precip
55.2"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 596471788690929288796962
Low °F 374147536169717167554539
Precip" 4.704.725.174.652.635.524.686.003.913.654.295.32

Frequently Asked Questions

What is the cost of living in Greenville, AL?

Greenville has a cost index of 45 (100 = national average). It is 55% below the national average.

What is average rent in Greenville, AL?

The median gross rent in Greenville is $728 per month based on 2023 Census data.

What is the average home price in Greenville?

The median home value in Greenville is $117,800 according to Zillow and Census data.

What is the median income in Greenville?

The median household income in Greenville is $40,744 per year (2023 ACS 5-year estimates).

What is the sales tax in Greenville, AL?

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

Is Greenville, AL affordable?

Yes, Greenville is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.

What is the weather like in Greenville?

Greenville has average high temperatures of 77.5°F and average lows of 54.6°F. Annual precipitation is 55.2". Data from NOAA 1991–2020 Climate Normals.

Greenville at a Glance

Population
7,229
Median Income
$40,744
Home Value
$117,800
Median Rent
$728/mo
Unemployment
7.3%
Avg High Temp
77.5°F
Sales Tax
9.2%
View all cities in Alabama →
🗺️ County data for Alabama

Explore county-level cost of living data

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