A+
9%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
14%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Athens Alabama National
Cost of living9188100
Goods & Services9596100
Groceries9696100
Health care8187100
Housing8672100
Transportation8891100
Utilities98102100

An Overview of Cost of Living in Athens, AL

Getting a feel for the cost of living in Athens is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Athens is 91, which is 9% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

Everyday expenditures like food, housing, goods and services, transportation and health care in Athens are priced in a manner consistent with other areas. This means that residents of Athens can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

What Do Locals Say About the Cost of Living in Athens?

The most insightful perspective on a city comes from its residents. We recently surveyed 5 locals to gauge their perception of the cost of living in Athens. The feedback revealed that 40% of respondents found the cost of living to be reasonable, with prices on the decline, while 60% regarded it as notably expensive with prices that continue to rise.

Is Athens Affordable?

Is Athens affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Athens, the median home price is 6.9% lower than the national average and monthly rent prices are 30.8% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Athens boasting a median household income of $53,144, 3.9% lower than the national average.

What Factors can Influence the Cost of Living in Athens?

Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Athens, the groceries index registers 4.1% lower than the national average.

Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Athens, healthcare costs are 19% lower than the national average.

Where is the Data From?

The Athens cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Athens is 3% higher than the Alabama average
  • The cost of living in Athens is 9% lower than the national average
  • Athens housing is 14% lower than the national average
  • Alabama general sales tax is 22% lower than the national average
  • Alabama state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Athens

See all the best places to live around Athens

Compare Athens, AL Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$74,866$6,239$1,747$2,246
      Renters$30,859$2,572$720$926
      The affordability of the housing market in Athens, AL as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Athens homeowners, the median income is $74,866. This indicates that a monthly maximum of $1,747 should be spent by homeowners on all housing related costs. Renters have a median income of $30,859. This indicates that renters would have a maximum of $720 for their rent related monthly costs.

      Alabama Sales Tax

      State General Sales Tax With Max Surtax
      Alabama 4% 13.5%

      Alabama Income Tax

      State Income Tax (Low) Income Tax (High)
      Alabama 2% 5%

      Goods & Services

      Item Athens National avg. Difference
      Haircut $16.56$24.2631.8%
      Beauty Salon $43.94$45.563.6%
      Toothpaste $3.76$3.701.6%
      Shampoo $1.11$1.2813.1%
      Movie $11.52$12.135.0%
      Bowling $18.22$18.001.2%

      Groceries

      Item Athens National avg. Difference
      Ground Beef $5.55$5.845.0%
      Fried Chicken $1.41$1.5710.1%
      Milk $4.52$4.673.2%
      Potatoes $5.42$4.939.9%
      Pizza $11.35$12.096.1%
      Beer $10.33$10.410.8%

      Health Care

      Item Athens National avg. Difference
      Optometrist $86.78$125.6831.0%
      Doctor $88.83$135.7834.6%
      Dentist $91.06$113.2919.6%
      Ibuprofen $10.10$10.655.2%
      Lipitor $496.37$468.605.9%

      Housing

      Item Athens National avg. Difference
      Home Price $171,900.00$184,700.006.9%
      Avg. Mortgage Payment $1,674.56$2,346.6928.6%
      Apartment Rent $657.00$949.0030.8%

      Transportation

      Item Athens National avg. Difference
      Gasoline $3.08$3.4610.9%
      Tire Balancing $51.25$59.9214.5%

      Utilities

      Item Athens National avg. Difference
      All Electricity $172.88$193.9910.9%
      Phone $213.41$192.2511.0%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Lester, AL1318317.3%
      Elkmont, AL4198415.5%
      Ardmore, TN1,2608911.1%
      Ardmore, AL1,3478910.6%
      Trinity, AL2,5938812.1%
      Athens, AL26,686918.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bayonet Point, FL26,7048812.2%
      Leisure City, FL26,7081099.4%
      Lemon Grove, CA26,73914544.9%
      Maple Valley, WA26,73914949.4%
      Sanger, CA26,74411918.8%
      Athens, AL26,686918.7%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.