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 Madison Alabama?
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 Alabama expensive to live in?
Alabama has one of the lowest housing costs in the country. Most people generally take for granted that Alabama has one of the lowest costs of living in the country.
Is Madison Alabama a nice place to live?
Madison has been named the best city to live in Alabama by www.ChamberofCommerce.org. The site recently released their “2019 Best Cities to Live” report detailing the best cities to live in for each state.
How much does it cost to live comfortably in Alabama?
Alabama cost of living is 82.3
| COST OF LIVING | Alabama | United States |
|---|---|---|
| Grocery | 94.4 | 100 |
| Health | 102.2 | 100 |
| Housing | 55.9 | 100 |
| Median Home Cost | $165,200 | $291,700 |
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 |
Is Florida or Alabama cheaper?
Alabama is 3.1% more expensive than Florida.
What is the cheapest city to live in Alabama?
The 10 Most Affordable Cities in Alabama
- Gadsden.
- Talladega.
- Bessemer.
- Birmingham.
- Fairfield.
- Anniston.
- Sylacauga.
- Selma.
Why is Alabama so cheap?
Sales Tax. Another money-saving bonus to living in Alabama is the low sales tax of just 4%. This makes Alabama one of the more tax-friendly states in the nation. State income tax is also pretty low at 2.5%.
How far is Madison Alabama from the ocean?
There are 309.93 miles from Madison to Orange Beach in south direction and 371 miles (597.07 kilometers) by car, following the I-65 S route. Madison and Orange Beach are 5 hours 47 mins far apart, if you drive non-stop .
How many millionaires live in Alabama?
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 23 | Connecticut | 130,291 |
| 24 | Oregon | 108,858 |
| 25 | South Carolina | 108,812 |
| 26 | Alabama | 94,259 |
What is Madison AL known for?
Madison is a city known for its quaint downtown, high-quality schools and concentration of well-educated professionals. The city features the charm of warm southern hospitality in a family-friendly community.
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 |
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What is a good salary 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.
Why is everyone moving to Huntsville?
Everyone who moves here is looking for something similar but also something different at the same time. That is what makes Huntsville special. It offers a wonderful quality of life and low cost of living, but it also offers those incredibly special, unique experiences that many people look for in a city.
How much do you need to make to live comfortably in Huntsville, AL?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $25,794 | $63,108 |
| Annual taxes | $6,031 | $14,755 |
| Required annual income before taxes | $31,825 | $77,864 |
What’s the minimum wage in Huntsville Alabama?
Alabama Minimum Wage for 2021, 2022. Alabama’s state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate. The minimum wage applies to most employees in Alabama, with limited exceptions including tipped employees, some student workers, and other exempt occupations.
Is it better to live in Tennessee or Alabama?
Between Alabama and Tennessee, Tennessee is the better state for retirement. While both states offer no income tax on pensions and social security, Tennessee boasts a lower cost of living, lower general tax rates, and more activities for retirees.
What are the pros and cons of living in Alabama?
Pros & Cons of Living in Alabama
| Pros of living in Alabama | Cons of living in Alabama |
|---|---|
| Access to beautiful 60 miles of beaches along the Gulf Coast | Some places aren’t open on Sunday in Alabama |
| There are lots of fun festivals to enjoy in Alabama | Some of their kind phrases are actually insults |
What is the average cost of a house in Alabama?
According to estimates from Zillow, a Seattle-based real estate data company, the value of a typical single-family home in Alabama is $175,586, lower than the national average.