Cost of Living in Priceville, AL

Population 3,653 · Alabama · Data vintage 2023

72
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Priceville is a smaller Alabama community of around 4000 residents, where median household incomes of $108,398 and housing costs ($233,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 0.0% — below most comparable cities in the state.

Geographically, Priceville sits roughly 15 miles southwest of Huntsville. Median home values run roughly 11% lower than Huntsville's $263,000.

Cost Overview

Housing 76
Rent 66

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

About the Cost of Living in Priceville

The median home value in Priceville is $233,100 — 24% below the national median of $305,000. Median rent runs $871/month, 34% lower than the national median of $1,314/month. The median household income of $108,398/year is 45% higher than the US median of $74,580. The local unemployment rate is 0.0%, 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, Priceville has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.

🏠 Housing

Median Home Value
$233,100
24% below avg
Zillow Home Value
$238,403
Zillow ZHVI
Median Rent
$871/mo
34% below avg
Price-to-Rent Ratio
22.3x
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 91.2%
Renter-occupied 8.8%

💰 Estimated Monthly Budget

Rent median rent
$871
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,485/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
28.7 min
6% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.4%

Commute Mode

Drove alone
88.3%
Carpooled
3.3%
Work from home
8.4%

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
$108,398
45% above avg
Per Capita Income
$39,307
Unemployment Rate
0.0%
100% below avg
Poverty Rate
2.7%
Labor Force Participation
57.3%

🎓 Education

Bachelor's degree+ 19.6%
Graduate degree 11.7%

👥 Demographics

Median Age 35.5
Male median age 22.7
Female median age 38.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
71.2%
Good air days/yr
140
Max AQI recorded
207
PM2.5 days
157
Ozone days

Frequently Asked Questions

What is the cost of living in Priceville, AL?

Priceville has a cost index of 72 (100 = national average). It is 28% below the national average.

What is average rent in Priceville, AL?

The median gross rent in Priceville is $871 per month based on 2023 Census data.

What is the average home price in Priceville?

The median home value in Priceville is $233,100 according to Zillow and Census data.

What is the median income in Priceville?

The median household income in Priceville is $108,398 per year (2023 ACS 5-year estimates).

What is the sales tax in Priceville, AL?

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

Is Priceville, AL affordable?

Yes, Priceville is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.

Priceville at a Glance

Population
3,653
Median Income
$108,398
Home Value
$233,100
Median Rent
$871/mo
Unemployment
0.0%
Sales Tax
9.2%
View all cities in Alabama →
🗺️ County data for Alabama

Explore county-level cost of living data

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