Cost of Living in Hoover, AL
Population 92,401 · Alabama · Data vintage 2023
(100 = US avg)
The Hoover cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $391,000, rents near $1,404 a month.
Located 10 miles south of Birmingham, Hoover falls within that metro's commuting orbit. Median home values run roughly 182% higher than Birmingham's $139,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hoover
The median home value in Hoover is $391,300 — 28% above the national median of $305,000. Median rent runs $1,404/month, 7% higher than the national median of $1,314/month. The median household income of $107,822/year is 45% higher than the US median of $74,580. The local unemployment rate is 4.0%, 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, Hoover has a cost of living index of 120 versus the US average of 100, meaning it is 20% more expensive.
🏠 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Hoover, AL?
Hoover has a cost index of 120 (100 = national average). It is 20% above the national average.
What is average rent in Hoover, AL?
The median gross rent in Hoover is $1,404 per month based on 2023 Census data.
What is the average home price in Hoover?
The median home value in Hoover is $391,300 according to Zillow and Census data.
What is the median income in Hoover?
The median household income in Hoover is $107,822 per year (2023 ACS 5-year estimates).
What is the sales tax in Hoover, AL?
The combined state and local sales tax rate in Hoover is 9.2%. The Alabama state income tax top rate is 5.0%.
Is Hoover, AL affordable?
Hoover is above average in cost of living, with an index of 120 — about 20% higher than the national average.
Hoover at a Glance
- Population
- 92,401
- Median Income
- $107,822
- Home Value
- $391,300
- Median Rent
- $1,404/mo
- Unemployment
- 4.0%
- Sales Tax
- 9.2%
Nearby Cities
Explore county-level cost of living data
Alabama Rankings
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