Cost of Living in Roanoke, AL
Population 5,332 · Alabama · Data vintage 2023
(100 = US avg)
Household incomes in Roanoke run well below national norms — a median of $48,083 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $129,000). An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.
Geographically, Roanoke is about 50 miles northwest of Columbus, the nearest large metro. Median home values run roughly 29% lower than Columbus' $182,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Roanoke
The median home value in Roanoke is $129,100 — 58% below the national median of $305,000. Median rent runs $589/month, 55% lower than the national median of $1,314/month. The median household income of $48,083/year is 36% lower than the US median of $74,580. The local unemployment rate is 2.8%, 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, Roanoke has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.
Roanoke has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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
Frequently Asked Questions
What is the cost of living in Roanoke, AL?
Roanoke has a cost index of 43 (100 = national average). It is 57% below the national average.
What is average rent in Roanoke, AL?
The median gross rent in Roanoke is $589 per month based on 2023 Census data.
What is the average home price in Roanoke?
The median home value in Roanoke is $129,100 according to Zillow and Census data.
What is the median income in Roanoke?
The median household income in Roanoke is $48,083 per year (2023 ACS 5-year estimates).
What is the sales tax in Roanoke, AL?
The combined state and local sales tax rate in Roanoke is 9.2%. The Alabama state income tax top rate is 5.0%.
Is Roanoke, AL affordable?
Yes, Roanoke is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.
Roanoke at a Glance
- Population
- 5,332
- Median Income
- $48,083
- Home Value
- $129,100
- Median Rent
- $589/mo
- Unemployment
- 2.8%
- Sales Tax
- 9.2%
Explore county-level cost of living data
Alabama Rankings
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