Cost of Living in Selma, AL

Population 17,442 · Alabama · Data vintage 2023

42
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Selma run well below national norms — a median of $32,184 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $103,000). Around 28% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Selma is about 45 miles west of Montgomery, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 31% lower than Montgomery's $149,000.

Cost Overview

Housing 34
Rent 55

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

About the Cost of Living in Selma

The median home value in Selma is $102,500 — 66% below the national median of $305,000. Median rent runs $723/month, 45% lower than the national median of $1,314/month. The median household income of $32,184/year is 57% lower than the US median of $74,580. The local unemployment rate is 14.4%, 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%. Overall, Selma has a cost of living index of 42 versus the US average of 100, meaning it is 58% less expensive.

🏠 Housing

Median Home Value
$102,500
66% below avg
Zillow Home Value
$74,846
Zillow ZHVI
Median Rent
$723/mo
45% below avg
Price-to-Rent Ratio
11.8x
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 46.1%
Renter-occupied 53.9%

💰 Estimated Monthly Budget

Rent median rent
$723
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,337/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
26.3 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.1%

Commute Mode

Drove alone
81.8%
Carpooled
9.8%
Public transit
0.8%
Walked
2.1%
Work from home
5.1%

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
$32,184
57% below avg
Per Capita Income
$24,726
Unemployment Rate
14.4%
200% above avg
Poverty Rate
28.3%
Labor Force Participation
52.0%

🎓 Education

Bachelor's degree+ 11.5%
Graduate degree 7.5%

👥 Demographics

Median Age 39.4
Male median age 35.1
Female median age 42.1

Frequently Asked Questions

What is the cost of living in Selma, AL?

Selma has a cost index of 42 (100 = national average). It is 58% below the national average.

What is average rent in Selma, AL?

The median gross rent in Selma is $723 per month based on 2023 Census data.

What is the average home price in Selma?

The median home value in Selma is $102,500 according to Zillow and Census data.

What is the median income in Selma?

The median household income in Selma is $32,184 per year (2023 ACS 5-year estimates).

What is the sales tax in Selma, AL?

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

Is Selma, AL affordable?

Yes, Selma is generally considered affordable, with a cost of living index of 42 — about 58% below the US national average of 100.

Selma at a Glance

Population
17,442
Median Income
$32,184
Home Value
$102,500
Median Rent
$723/mo
Unemployment
14.4%
Sales Tax
9.2%
View all cities in Alabama →
🗺️ County data for Alabama

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs