Madison cost of living is 96.0
| COST OF LIVING | Madison | Alabama |
|---|---|---|
| Overall | 96 | 82.3 |
| Grocery | 99.3 | 94.4 |
| Health | 105.1 | 102.2 |
| Housing | 97.4 | 55.9 |
Is Madison Alabama a good place to live?
Madison is in Madison County and is one of the best places to live in Alabama. Living in Madison offers residents a sparse suburban feel and most residents own their homes. In Madison there are a lot of parks. Many families and young professionals live in Madison and residents tend to lean conservative.
How much does it cost to live comfortably in Alabama?
The Bureau of Economic Analysis cites that the average cost of living in Alabama is around $35,859 per year for a typical single individual.
Average Cost of Living in Alabama: $35,859 per year.
| Category | Average Annual Per-Capita Cost in Alabama |
|---|---|
| Housing and Utilities | $6,535 |
| Health Care | $5,904 |
Is Madison Alabama expensive?
Madison’s housing expenses are 14% lower than the national average and the utility prices are 4% lower than the national average. Transportation expenses like bus fares and gas prices are 12% lower than the national average. Madison has grocery prices that are 3% lower than the national average.
How much does it cost to live in Alabama per month?
The typical single-family home in Alabama sells for $170,184, while a two-bedroom apartment costs $807 a month. While utilities and groceries are close to the national average, Alabama’s health and transportation costs are among the lowest in the nation.
What’s the poorest city in Alabama?
With a median household income of $9,286 (compared to $44,758 for the state), Oak Hill is the poorest community in Alabama.
What are the benefits of living in Alabama?
Top 10 Reasons to move to Alabama
- The weather is mostly summer in Alabama.
- Football is like a religion in Alabama.
- Alabama has a booming job market.
- The cost of living in Alabama is lower than the U.S. average.
- The state isn’t overcrowded.
- Housing costs in Alabama is low.
- Top-quality higher education.
What is Alabama minimum wage?
$7.25
State Minimum Wage Rates 2022 vs. 2023
| State | 2022 Minimum Wage |
|---|---|
| Alabama | $7.25 (Federal, no state minimum) |
| Alaska | $10.34 |
| Arizona | $12.80 |
| Arkansas | $11.00 |
What is a good income in Alabama?
While ZipRecruiter is seeing salaries as high as $130,735 and as low as $17,944, the majority of salaries within the Average jobs category currently range between $42,296 (25th percentile) to $64,085 (75th percentile) with top earners (90th percentile) making $85,447 annually in Alabama.
Is Florida or Alabama cheaper?
Alabama is 3.1% more expensive than Florida.
What is the cost of living in Huntsville Alabama?
Huntsville cost of living is 86.0
| COST OF LIVING | Huntsville | Alabama |
|---|---|---|
| Grocery | 96 | 94.4 |
| Health | 105.1 | 102.2 |
| Housing | 66.3 | 55.9 |
| Median Home Cost | $223,500 | $165,200 |
What is the cheapest city to live in Alabama?
The 10 Most Affordable Cities in Alabama
- Gadsden.
- Talladega.
- Bessemer.
- Birmingham.
- Fairfield.
- Anniston.
- Sylacauga.
- Selma.
What city has the lowest cost of living?
Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.
What is the richest part of Alabama?
Mountain Brook is being credited as the richest town in the state of Alabama. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Mountain Brook as having a median household income of $152,355 (112.8% more than the U.S. median income).
Why is Alabama so poor?
The causes of Alabama poverty are complex and include historical factors like a state constitution that restricts fair and equitable taxation. But present-day choices worsen and further entrench poverty in Alabama, diverting people away from the workforce and into an endless spiral of punishment.
What is the majority race in Alabama?
White
Table
| Population | |
|---|---|
| White alone, percent | 68.9% |
| Black or African American alone, percent(a) | 26.8% |
| American Indian and Alaska Native alone, percent(a) | 0.7% |
| Asian alone, percent(a) | 1.6% |
Is it worth moving to Alabama?
Boasting some of the country’s most affordable home prices, lowest cost-of-living indexes, and relatively low taxes, Alabama is a very affordable state to live in. The median home value in Alabama in a given year ranges between $135,000 and $145,000, giving you much more value than other housing markets in the country.
What is the best part of Alabama to live in?
Huntsville, which topped the list with an overall score of 7, quality of life of 6.8 and value of 8.5, rose from the No. 3 spot on last year’s Best Places to Live list. In addition to being the No.
What taxes do you pay in Alabama?
Alabama Tax Rates, Collections, and Burdens
Alabama has a 4.00 percent state sales tax rate, a max local sales tax rate of 7.50 percent, and an average combined state and local sales tax rate of 9.24 percent. Alabama’s tax system ranks 39th overall on our 2022 State Business Tax Climate Index.
How much does McDonald’s pay in Alabama?
How much does McDonald’s in Alabama pay? Average McDonald’s hourly pay ranges from approximately $7.25 per hour for Driver to $15.88 per hour for Operations Associate. The average McDonald’s salary ranges from approximately $15,000 per year for Crew Leader to $85,135 per year for Customer Service Associate / Cashier.
What states have a $15 an hour minimum wage?
Where are $15 minimum wages? Besides California and New York, nine states are headed to a $15 pay base over the next four years – Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, New Jersey, Rhode Island and Virginia.