Cost Of Living in Henagar, AL

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	Henagar	Alabama	National
Cost of living	81	88	100
Goods & Services	90	96	100
Groceries	97	96	100
Health care	92	87	100
Housing	56	72	100
Transportation	88	91	100
Utilities	93	102	100

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Cost Of Living Quick Facts

The cost of living in Henagar is 8% lower than the Alabama average
The cost of living in Henagar is 19% lower than the national average
Henagar housing is 44% 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

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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	$55,320	$4,610	$1,291	$1,660
Renters	$26,667	$2,222	$622	$800

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	Henagar	National avg.	Difference
Haircut	$18.80	$24.26	22.5%
Beauty Salon	$48.40	$45.56	6.2%
Toothpaste	$3.66	$3.70	1.1%
Shampoo	$1.27	$1.28	0.8%
Movie	$12.57	$12.13	3.6%
Bowling	$16.47	$18.00	8.5%

Groceries

Item	Henagar	National avg.	Difference
Ground Beef	$5.63	$5.84	3.5%
Fried Chicken	$1.43	$1.57	8.9%
Milk	$4.49	$4.67	3.9%
Potatoes	$5.17	$4.93	4.8%
Pizza	$11.66	$12.09	3.6%
Beer	$10.02	$10.41	3.8%

Health Care

Item	Henagar	National avg.	Difference
Optometrist	$112.00	$125.68	10.9%
Doctor	$129.61	$135.78	4.5%
Dentist	$96.50	$113.29	14.8%
Ibuprofen	$10.39	$10.65	2.4%
Lipitor	$465.03	$468.60	0.8%

Housing

Item	Henagar	National avg.	Difference
Home Price	$94,700.00	$184,700.00	48.7%
Avg. Mortgage Payment	$2,008.10	$2,346.69	14.4%
Apartment Rent	$631.00	$949.00	33.5%

Transportation

Item	Henagar	National avg.	Difference
Gasoline	$3.09	$3.46	10.6%
Tire Balancing	$50.87	$59.92	15.1%

Utilities

Item	Henagar	National avg.	Difference
All Electricity	$170.16	$193.99	12.3%
Phone	$192.18	$192.25	0.0%

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.
Valley Head, AL	904	77	23.4%
Dutton, AL	506	82	18.5%
Shiloh, AL	373	83	17.5%
Lookout Mountain, AL	1,528	79	21.0%
Sylvania, AL	2,386	79	20.6%
Henagar, AL	2,457	81	19.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Arcanum, OH	2,457	85	14.6%
New Palestine, IN	2,456	102	1.6%
McConnelsville, OH	2,456	82	18.1%
Kinsey, AL	2,458	87	13.3%
Canton, MO	2,455	85	15.1%
Henagar, AL	2,457	81	19.1%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Henagar, AL