Cost of Living in Sheffield, AL

Population 9,334 · Alabama · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $42,097, median household incomes in Sheffield land roughly 44% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 26% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Sheffield is about 60 miles west of Huntsville, the nearest large metro. Median home values run roughly 52% lower than Huntsville's $263,000.

Cost Overview

Housing 42
Rent 65

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

About the Cost of Living in Sheffield

The median home value in Sheffield is $127,100 — 58% below the national median of $305,000. Median rent runs $850/month, 35% lower than the national median of $1,314/month. The median household income of $42,097/year is 44% lower than the US median of $74,580. The local unemployment rate is 4.9%, 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, Sheffield has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$127,100
58% below avg
Zillow Home Value
$259,942
Zillow ZHVI
Median Rent
$850/mo
35% below avg
Zillow Rent
$922/mo
Zillow ZORI
Price-to-Rent Ratio
12.5x
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 58.4%
Renter-occupied 41.6%

💰 Estimated Monthly Budget

Rent median rent
$850
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,464/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
22.5 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.8%

Commute Mode

Drove alone
80.6%
Carpooled
12.0%
Walked
0.6%
Work from home
5.8%

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
$42,097
44% below avg
Per Capita Income
$26,539
Unemployment Rate
4.9%
2% above avg
Poverty Rate
25.7%
Labor Force Participation
54.5%

🎓 Education

Bachelor's degree+ 10.2%
Graduate degree 5.7%

👥 Demographics

Median Age 40.1
Male median age 32.9
Female median age 46.8

Frequently Asked Questions

What is the cost of living in Sheffield, AL?

Sheffield has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Sheffield, AL?

The median gross rent in Sheffield is $850 per month based on 2023 Census data.

What is the average home price in Sheffield?

The median home value in Sheffield is $127,100 according to Zillow and Census data.

What is the median income in Sheffield?

The median household income in Sheffield is $42,097 per year (2023 ACS 5-year estimates).

What is the sales tax in Sheffield, AL?

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

Is Sheffield, AL affordable?

Yes, Sheffield is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

Sheffield at a Glance

Population
9,334
Median Income
$42,097
Home Value
$127,100
Median Rent
$850/mo
Unemployment
4.9%
Sales Tax
9.2%
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