Cost of Living in Winfield, AL

Population 4,982 · Alabama · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Winfield can reasonably expect a home to cost less than three years of household income — $161,000 against $71,078 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Geographically, Winfield is about 50 miles north of Tuscaloosa, the nearest large metro. Median home values run roughly 32% lower than Tuscaloosa's $237,000.

Cost Overview

Housing 53
Rent 53

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

About the Cost of Living in Winfield

The median home value in Winfield is $160,600 — 47% below the national median of $305,000. Median rent runs $694/month, 47% lower than the national median of $1,314/month. The median household income of $71,078/year is 5% lower than the US median of $74,580. The local unemployment rate is 3.1%, 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, Winfield has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$160,600
47% below avg
Zillow Home Value
$347,388
Zillow ZHVI
Median Rent
$694/mo
47% below avg
Price-to-Rent Ratio
19.3x
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 68.6%
Renter-occupied 31.4%

💰 Estimated Monthly Budget

Rent median rent
$694
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,308/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
29.0 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.1%

Commute Mode

Drove alone
91.8%
Carpooled
5.6%
Walked
1.0%
Work from home
1.1%

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
$71,078
5% below avg
Per Capita Income
$28,560
Unemployment Rate
3.1%
36% below avg
Poverty Rate
10.6%
Labor Force Participation
56.7%

🎓 Education

Bachelor's degree+ 9.5%
Graduate degree 4.9%

👥 Demographics

Median Age 46.1
Male median age 42.4
Female median age 53.3

Frequently Asked Questions

What is the cost of living in Winfield, AL?

Winfield has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Winfield, AL?

The median gross rent in Winfield is $694 per month based on 2023 Census data.

What is the average home price in Winfield?

The median home value in Winfield is $160,600 according to Zillow and Census data.

What is the median income in Winfield?

The median household income in Winfield is $71,078 per year (2023 ACS 5-year estimates).

What is the sales tax in Winfield, AL?

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

Is Winfield, AL affordable?

Yes, Winfield is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

Winfield at a Glance

Population
4,982
Median Income
$71,078
Home Value
$160,600
Median Rent
$694/mo
Unemployment
3.1%
Sales Tax
9.2%
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