Cost of Living in Gadsden, AL
| Cost of Living in Gadsden, AL | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 11% lower | 44% lower |
| Utilities (Monthly) | 19% higher | 31% higher |
| Food | 10% lower | 16% lower |
| Healthcare | 11% lower | 24% lower |
| Transportation | 9% higher | 19% higher |
| Goods & Services | 5% lower | 9% lower |
The cost of living in Gadsden, AL is 3% lower than the state average and 15% lower than the national average. Gadsden, AL housing is 44% cheaper than the U.S average, while utilities are about 31% pricier. When it comes to basic necessities such as food and clothing, groceries are around 16% cheaper in Gadsden, AL than in the rest of the country, while clothing costs around 9% less .
Healthcare services such as doctor check-ups and dentistry cost 24% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 9% cheaper in Gadsden, AL.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Gadsden is $917, while home prices circle around $341,711.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Gadsden, energy bills cost around $329.96 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.37 in Gadsden, a dozen eggs go for around $4.29 and a pound of potatoes circles around $3.81.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Gadsden, an optometry check-up costs around $102.18, while a dentist appointment is priced $89.46 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.95 in Gadsden, while getting your tires balanced will run you about $57.88.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $45.75 here. Meanwhile, a pair of women's slacks will set you back around $33.08.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Gadsden, you should budget around $11.37 a month. When it comes to personal services, a haircut usually goes for $21.60, while dry cleaning costs about $14.58.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Gadsden, the median household income is $38,699.