Cost of Living in Gadsden, AL
2024 data from the Bureau of Economic Analysis
Cost Index
85.7
14.3% below avg
Housing Index
53.7
Median Income
$52,177
Median Rent
$779/mo
Cost Breakdown
Overall85.7 (-14.3%)
Housing53.7 (-46.3%)
Goods96.4 (-3.6%)
Utilities86.7 (-13.3%)
Other Services96.7 (-3.3%)
National average = 100
Income & Housing
Median Household Income
$52,177/year
Median Home Value
$148,400
Median Monthly Rent
$779/mo
Per Capita Income
$28,479/year
Compare Gadsden, AL With
Frequently Asked Questions
Is Gadsden, AL expensive to live in?
Gadsden, AL has a cost of living index of 85.7, which is 14.3% below the national average.
How much does housing cost in Gadsden, AL?
Housing costs in Gadsden, AL are indexed at 53.7 compared to the national average of 100. The median monthly rent is $779.
What is the average income in Gadsden, AL?
The median household income in Gadsden, AL is $52,177 per year.
What is the average home price in Gadsden, AL?
The median home value in Gadsden, AL is $148,400.