Guntersville, AL Cost Of Living
Cost Of Living In Guntersville, AL Summary
Cost of living in Guntersville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Guntersville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Alabama, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Guntersville is 92, with 100 being the average.
The cost of living index in Guntersville is 0.9x lower than the national average.
Guntersville ranks as the #68 cheapest in Alabama out of 115.
Guntersville ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Guntersville is $227,600.
The median income in Guntersville is $53,750.
Table Of Contents
Guntersville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Guntersville, AL?
According to the most recent data on the cost of living, Guntersville has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Alabama, Guntersville has a cost of living index that's 1.0x higher than Alabama's index of 88.
The standard of living in Guntersville ranks as #68 most affordable out of the 115 places we measured in Alabama. By definition, that implies Guntersville ranks as the #47 most expensive place in the Heart of Dixie.
For more reading on life in Guntersville, check out:
- Living In Guntersville
- Search Homes For Sale In Guntersville, AL
In Alabama
In America
Guntersville Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Guntersville. Here is how it fairs on each of the criteria:
The Services index in Guntersville is 105.
The Groceries index in Guntersville is 95.
The Health index in Guntersville is 100.
The Housing index in Guntersville is 82.
The Transportation index in Guntersville is 96.
The Utilities index in Guntersville is 98.
| Living Expense | Guntersville | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 92 | 88 | 100 | |
| Services | 105 | 95 | 100 | |
| Groceries | 95 | 97 | 100 | |
| Health | 100 | 88 | 100 | |
| Housing | 82 | 69 | 100 | |
| Transportation | 96 | 90 | 100 | |
| Utilities | 98 | 101 | 100 | |
Guntersville, AL Housing Cost Breakdown
Housing swings affordability the most between places in Alabama, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Guntersville is $227,600.
The Median Rent in Guntersville is $672.
The Median Income in Guntersville is $53,750.
The Home Value To Income in Guntersville is 4.2x.
The Rent To Monthly Income in Guntersville is 0.15x.
| Statistic | Guntersville | Alabama | United States |
|---|---|---|---|
| Median Home Value | $227,600 | $157,100 | $244,900 |
| Median Rent | $672 | $852 | $1,163 |
| Median Income | $53,750 | $54,943 | $69,021 |
| Home Value To Income | 4.2x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Guntersville, AL Costs By Category
Detailed Guntersville Services Costs Vs. Alabama
| Item | Guntersville | Alabama |
|---|---|---|
| Shampoo | $1.08 | $1.06 |
| Movie | $9.97 | $10.68 |
| Bowling | $19.17 | $14.67 |
| Haircut | $18.67 | $18.62 |
| Beauty Salon | $33.33 | $39.05 |
Detailed Guntersville Groceries Costs Vs. Alabama
| Item | Guntersville | Alabama |
|---|---|---|
| Ground Beef | $5.09 | $4.22 |
| Fried Chicken | $1.45 | $1.39 |
| Milk | $1.62 | $2.05 |
| Potatoes | $2.86 | $3.29 |
| Pizza | $11.32 | $10.62 |
| Beer | $9.1 | $9.38 |
| Toothpaste | $2.2 | $2.34 |
Detailed Guntersville Health Costs Vs. Alabama
| Item | Guntersville | Alabama |
|---|---|---|
| Optometrist | $109.44 | $108.57 |
| Doctor | $112.22 | $116.17 |
| Dentist | $100.06 | $99.13 |
Detailed Guntersville Transportation Costs Vs. Alabama
| Item | Guntersville | Alabama |
|---|---|---|
| Gasoline | $2.06 | $2.22 |
| Tire Balancing | $51.41 | $50.07 |
Detailed Guntersville Utilities Costs Vs. Alabama
| Item | Guntersville | Alabama |
|---|---|---|
| All Electricity | $156.41 | $167.67 |
| Phone | $181.81 | $175.64 |
Guntersville SnackAbility
/10
Cost Of Living In Cities Around Guntersville
The cost of living varies in the cities and towns around Guntersville. Here's a quick look at the cost of living in the most populous nearby places:
Huntsville, AL has a cost of living index of 98, 1.1x Guntersville.
Decatur, AL has a cost of living index of 88, 1.0x Guntersville.
Gadsden, AL has a cost of living index of 81, 0.9x Guntersville.
| City | Population | Cost Of Living | Vs. Guntersville |
|---|---|---|---|
| Huntsville, AL | 210,081 | 98 | 1.1x |
| Decatur, AL | 57,303 | 88 | 1.0x |
| Gadsden, AL | 34,317 | 81 | 0.9x |
| Athens, AL | 25,213 | 90 | 1.0x |
| Albertville, AL | 22,268 | 89 | 1.0x |
| Cullman, AL | 17,892 | 88 | 1.0x |
| Scottsboro, AL | 15,446 | 92 | 1.0x |
| Hartselle, AL | 15,308 | 87 | 0.9x |
| Fort Payne, AL | 14,730 | 85 | 0.9x |
| Jacksonville, AL | 13,076 | 86 | 0.9x |
