Cost of Living in Jasper, AL

Population 14,480 · Alabama · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Jasper offers a notably favorable income-to-housing ratio for its region. The typical home — $208,000 — costs less than 3.1 times median household income of $66,250, a threshold many coastal markets passed a decade ago.

Jasper is about 35 miles northwest of Birmingham, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 50% higher than Birmingham's $139,000.

Cost Overview

Housing 68
Rent 55

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

About the Cost of Living in Jasper

The median home value in Jasper is $208,000 — 32% below the national median of $305,000. Median rent runs $722/month, 45% lower than the national median of $1,314/month. The median household income of $66,250/year is 11% lower than the US median of $74,580. The local unemployment rate is 3.5%, 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%. Overall, Jasper has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$208,000
32% below avg
Zillow Home Value
$161,354
Zillow ZHVI
Median Rent
$722/mo
45% below avg
Price-to-Rent Ratio
24.0x
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 67.2%
Renter-occupied 32.8%

💰 Estimated Monthly Budget

Rent median rent
$722
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,336/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
31.0 min
15% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.2%

Commute Mode

Drove alone
86.8%
Carpooled
7.5%
Public transit
0.0%
Walked
0.9%
Work from home
4.2%

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
$66,250
11% below avg
Per Capita Income
$33,507
Unemployment Rate
3.5%
27% below avg
Poverty Rate
15.7%
Labor Force Participation
56.6%

🎓 Education

Bachelor's degree+ 15.3%
Graduate degree 10.9%

👥 Demographics

Median Age 36.7
Male median age 37.6
Female median age 35.9

Frequently Asked Questions

What is the cost of living in Jasper, AL?

Jasper has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Jasper, AL?

The median gross rent in Jasper is $722 per month based on 2023 Census data.

What is the average home price in Jasper?

The median home value in Jasper is $208,000 according to Zillow and Census data.

What is the median income in Jasper?

The median household income in Jasper is $66,250 per year (2023 ACS 5-year estimates).

What is the sales tax in Jasper, AL?

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

Is Jasper, AL affordable?

Yes, Jasper is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.