florence, alabama cost of living

Display/hide their locations on the map, Shopping Centers: Brookwood Village Shopping Center (1), English Village Shopping Center (2), Florence Plaza Shopping Center (3), Four Lane Shopping Center (4), Hickory Hills Plaza Shopping Center (5), Northgate Shopping Center (6), Northwood Plaza Shopping Center (7), Parkway Shopping Center (8), Regency Square Mall Shopping Center (9). Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. The total cost of living is around $1,215 in Florence, AL. Costs of goods and services are declining. Once you understand what they cover, they'll look less overwhelming. It adjusts for the number of visitors and daily workers commuting into cities. The average rent in Florence, AL for a one-bedroom apartment in the city centre is approximately $650 per month, Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Florence, AL, as well as what the overall cost of living might be. Marriott Shoals Hotel & Spa - Florence, AL - luxury accommodations with a luxury spa, Regency Square Mall - Florence, Alabama - Shopping Mall, Eliza Coffee Memorial Hospital Heliport (AL22), See full list of schools located in Florence, Display/hide their approximate locations on the map, More about Health and Nutrition of Florence, AL Residents, See more detailed statistics of Florence fatal car crashes and road traffic accidents for 1975 - 2019 here, See full National Bridge Inventory statistics for Florence, AL, See the full list of FCC Registered Cell Phone Towers in Florence, See the full list of FCC Registered Antenna Towers, See the full list of FCC Registered Commercial Land Mobile Towers in Florence, AL, See the full list of FCC Registered Private Land Mobile Towers, See the full list of FCC Registered Broadcast Land Mobile Towers, See the full list of FCC Registered Microwave Towers in this town, See the full list of FCC Registered Paging Towers, See the full list of FCC Registered Amateur Radio Licenses in Florence, See the full list of FAA Registered Aircraft in Florence, Detailed mortgage data for all 11 tracts in Florence, AL, See full National Fire Incident Reporting System statistics for Florence, AL, All 10 fire-safe hotels and motels in Florence, Alabama, Local government employment and payroll (March 2019), Home Mortgage Disclosure Act Aggregated Statistics For Year 2009, Private Mortgage Insurance Companies Aggregated Statistics For Year 2009, Most common first names in Florence, AL among deceased individuals, Most common last names in Florence, AL among deceased individuals, Department & other general merchandise stores (4.2%), Other sales and related occupations, including supervisors (4.8%), Other production occupations, including supervisors (4.7%), Preschool, kindergarten, elementary, and middle school teachers (3.6%), Other management occupations, except farmers and farm managers (3.3%), Other office and administrative support workers, including supervisors (3.2%), Sales representatives, services, wholesale and manufacturing (3.2%), Other production occupations, including supervisors (5.7%), Other sales and related occupations, including supervisors (5.1%), Material recording, scheduling, dispatching, and distributing workers (4.4%), Sales representatives, services, wholesale and manufacturing (4.4%), Other management occupations, except farmers and farm managers (4.4%), Laborers and material movers, hand (3.8%), Preschool, kindergarten, elementary, and middle school teachers (6.1%), Secretaries and administrative assistants (5.1%), Other office and administrative support workers, including supervisors (5.0%), Information and record clerks, except customer service representatives (4.8%), Other sales and related occupations, including supervisors (4.6%), Retail sales workers, except cashiers (3.9%), FLORENCE NURSING AND REHABILITATION CENTER, MITCHELL-HOLLINGSWORTH NURSING AND REHABILITATION, Northeast Mississippi Community College (. Their values vary by family size, composition, and In Florence, the median household income is $38,902, 3.5 times the median home value. florence al forbes wayne shutterstock james

Copyright 2009-2022 Numbeo. PortugusCusto de Vida em Florence Find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

242,820). In Florence, the median home value is $134,500, less than the national median home value of $204,900. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. All financial products, shopping products and services are presented without warranty. Florence has grocery prices that are 4% lower than the national average. The ratio of all residents to sex offenders in Florence is 528 to 1. If you prefer to download the image, please credit us as a source. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from the, Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. This page is a promotion for ERIs Assessor Series and is not intended for professional use. You could eat out less, cut back on takeout and cook more often. Professionals should subscribe to ERIs Assessor Series. For context, average annual food expenditure across Alabama and the U.S., respectively, are $3,210 and $3,240 for a single adult, and $9,271 and $9,354 for a family of four. property crime rate in Florence is 0.03%. Transportation: Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. Cost of living in Florence, AL, United States is $1,215 and it seems affordable according to the average monthly salary which is $2,550. Food: Weekly trips to the grocery store can add up, especially if food costs are high where you live. A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. Would you like to live and work in Florence? Housing is the most significant expense for most American households. Nearby cities for which we have more contributors: Comparisons improve with every new data that you enter. In the case of households with Use the link below to embed the infographic from our site and automatically keep the data layer up to date. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. 50,000+: Decatur, AL (42.0 miles , pop. For the remaining locations, C2ER rent data was used. Using that number, a maximum of $1,238 per month should be allocated to housing expenses. Costs are dropping at a rapid rate. According to the council, C2ER produces the Cost of Living Index to provide a useful and reasonably accurate measure of living cost differences among urban areas. Using cost of living data from the nonprofift think tank Economic Policy Institute, 24/7 Wall St. estimated the cost of living in Florence and over 29,000 other cities and towns in the US. The state minimum wage is the same for all individuals, regardless of how many dependents Both owning and renting come with utility expenses. Closest monitor was 4.2 miles away from the city center. Most goods and services are affordable. Sulfur Dioxide (SO2) [ppb] level in 2007 was 1.62. Bank Independent: Florence Branch, East Hicks Boulevard Branch, Killen Branch, Darby Place Branch, Cox Creek Branch, Florence Square Branch, First Metro Bank: Florence Branch, Cloverdale Road Branch, Highway 43 Branch, Pine Street Branch, SunTrust Bank: Cloverdale Road Branch, Cox Creek Branch, Florence Branch, Wells Fargo Bank, National Association: Main Office Florence, National Bridge Inventory (NBI) Statistics, Fire incident types reported to NFIRS in Florence, AL, Baymont Inn & Suites, 115 Ana Dr, Florence, Alabama 35630, Comfort Inn, 150 Etta Gray Dr, Florence, Alabama 35630, Super 8 Motel, 101 Hwy 72, Florence, Alabama 35630, Hampton Inn Florence/Midtown, 2281 Florence Blvd, Florence, Alabama 35630, Knights Inn Florence, 1915 Florence Blvd, Florence, Alabama 35630, Marriott Shoals Hotel & Spa, 800 Cox Crk Pkwy S, Florence, Alabama 35630, Hampton Inn & Suites Florence-Downtown, 505 S Court St, Florence, Alabama 35630, Holiday Inn Express & Suites, 180 Etta Gray St, Florence, Alabama 35630. Other costs will be around $728 including markets, transportation, restaurants, and sports and leisure for one-person. The poverty rate Accounting for these taxes, while excluding taxes levied at the federal level, Florence residents live in a state with a low average tax burden. Healthcare in Florence is 18% lower than the national average.

Nearby cities for which we have more contributors: 1,000,000+: Chicago, IL (485.6 miles , pop. This information may be different than what you see when you visit a financial institution, service provider or specific products site. EspaolCosto de Vida en Florence, Copyright 2009-2022 Numbeo. Good. You'll have to take out a loan to live here. Pre-qualified offers are not binding. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from theU.S. Census. For families with children, child care adds thousands of dollars to overall annual spending. According to our research of Alabama and other state lists, there were 76 registered sex offenders living in Florence, Alabama as of July 20, 2022. The living wage shown is the hourly rate that an individual in a household must earn to This is better than average. This city had 11 different contributors in the past 18 months. The ratio of registered sex offenders to all residents in this city is near the state average. In Florence, the average annual cost of child care for two children one 4 year old and one 8 year old is $12,319, about $600 less than the comparable average of $12,931 across all of Alabama. FranaisCot de la Vie Florence While other resources provide basic cost comparisons,NerdWallets cost of living calculatorand accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. Transportation can also be a significant component of cost of living. wage estimate. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Here is a list of our partners. The cost of food in Florence is less expensive than the United States average and earns a score of, The cost of transportation in Florence is less expensive than the United States average and earns a score of, The cost of housing in Florence is less expensive than the United States average and earns a score of, The cost of health care in Florence is less expensive than the United States average and earns a score of. Detailed 2008 Election Results, Political contributions by individuals in Florence, AL, 5.30% of this county's 2016 resident taxpayers lived in other counties in 2015 ($43,123 average adjusted gross income), 5.46% of this county's 2015 resident taxpayers moved to other counties in 2016 ($41,893 average adjusted gross income). For a movie ticket in Florence, you should budget around $13.09 a month.

one of the coming year (National Conference of State Legislatures, 2019). $2,550 is a good salary according to average cost of living which is $1,215. Housing costs: According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. An estimated 29.60% of workers commute to jobs outside of Florence, a smaller share than the 43.7% share of commuters nationwide who live and work in different cities. Data from the U.S. Department of Agriculture shows that the cost of food varies from city to city and town to town. The obesity epidemic in the U.S. is a major health issue See a list of all available cities in Alabama by clicking here. Florence, AL seems not expensive to live in according to the average monthly salary which is $2,550. The cost of living in a certain city takes into account both the price of rent and the price of a home. The cost of living calculator tells you how much money you need to maintain your current standard of living in a different city. Choosing the right mortgage can help make your home buying journey easier and more affordable. When evaluating offers, please review the financial institutions Terms and Conditions. Website 2022 Advameg, Inc. Based on the data from the years 2002 - 2018 the average number of fire incidents per year is 240. In Florence, 93.50% of commuters drive to work, compared to 85.5% of commuters nationwide. Florence is a city in Lauderdale County, Alabama, with a population of 40,104. The expenses that factor into cost of living can include housing affordability, transportation expenses, food prices and entertainment costs. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area. United States 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. Submit your own pictures of this city and show them to the world

Decreasing rapidly. Arts, Design, Entertainment, Sports, & Media, Building & Grounds Cleaning & Maintenance. How is this tool different from other resources out there? NerdWallet strives to keep its information accurate and up to date. A gallon of gas is priced around $2.14 in Florence, while getting your tires balanced will run you about $49.34. Core cost of living data is fromThe Cost of Living Index - COLIfrom the Council for Community and Economic Research. We have converted it to an hourly wage for the The above data is a sample of data available in ERI Economic Research Institute's Relocation Assessor. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. Consumer goods, services and home prices are sourced from The Cost of Living Index published by the Council for Community and Economic Research (C2ER). > This is better than average. What Cities/Metro will explode in the next decade? Our partners cannot pay us to guarantee favorable reviews of their products or services. NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). Nearest city with pop. What your skills are worth in the job market is constantly changing. Due to the plethora of state taxes, local taxes, jurisdictions and assessment procedures involved in the assessment of income, property and sales taxes, local tax rates cannot be accurately calculated. Use at your own risk. ItalianoCosto della Vita a Firenze Awful. You could eat out less, cut back on takeout and cook more often. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. Florence, AL. For a single adult living in the area, average health care costs come out to $4,450 per year, compared to an average of $4,769 across Alabama and $4,266 nationwide. Decreasing steadily. The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. the current location. The data has an increasing trend. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. Birthplace of: W. C. Handy - Musician, Steven Ford Brown - Literary figure, Winfrey Sanderson - College basketball coach, Jerry Carrigan - Drummer, Jonathan Rosenbaum - Film critic, Brett Guthrie - Politician, Josh Willingham - 2005 Major League Baseball player (Florida Marlins, born: Feb 17, 1979), Oscar Stanton De Priest - Politician, Dennis Condrey - Professional wrestler, Don Leslie Michael - Army Medal of Honor recipient. 24/7 Wall St. has published detailed cost of living analysis for all 50 states and over 29,000 cities across the country. Crowdsourced data is a vital part of the Internet, help us become better! Ranked 3779th (TOP 41%) in the list of best places to live in the world and 1334th best city to live in the United States, and 2nd most liveable city in Alabama. These estimates are calculated for a nutritionally adequate diet of food purchased at a grocery store for at-home preparation. Food is the most important necessity and its cost varies around the country. Taking into account the cost of gas, as well as public transit and car maintenance, the EPI estimates that a single person in Florence spends $10,527 a year on transportation, more than the national average of $9,760. Display/hide their approximate locations on the map. Use the calculator to find out what income you will need in a new city and how much more or less youll need to budget for basic expenses. Here's how to know how much you really need. Jump to a detailed profile, search site with google or try advanced search, Florence: Lion Mascot of the University of North Alabama, Florence, Florence: Smith Bell tower in fron of Weaslyan hall in UNA, Florence: W.C. The High School is now just Florence High School. The data on this page is updated bi-annually and it was last published in March 2022. PayScale's Cost of Living Calculator can help you find out more about how your individual needs will factor in when beginning your research to figure out how much it would cost you to relocate. 2022 Florence-area historical tornado activity is slightly above Alabama state average. 2022 ERI Economic Research Institute, Inc. ALL Rights Reserved. ), 1 min. Median real estate property taxes paid for housing units with no mortgage in 2019: $763 (0.5%). The cost of living comparison is based on your income and the price of basic necessities such as housing, transportation or food in the two cities you selected. At the same time, non-necessary expenses such as entertainment and grooming services are 11% cheaper in Florence, AL. But even then, the price of groceries is going to significantly influence your cost of living. The average one-bedroom apartment in Florence, AL city centre stands at around $650 per month. How Much Down Payment Do You Need to Buy a Home. technical documentation here. Our partners compensate us. 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. Few expenses vary as much from city to city and town to town as taxes. Ancestries: American (18.8%), English (6.9%), Irish (6.3%), German (4.7%), European (1.5%), Scotch-Irish (1.3%). But even then, the price of groceries is going to significantly influence your cost of living. The cost of living in Florence, AL is 5% lower than the state average and 15% lower than the national average. Do you live in Florence, AL? Food is another every day expense that has a significant impact on overall cost of living. No, the gates were not open! Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. The City-Data.com crime index weighs serious crimes and violent crimes more heavily. And it adds up. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. 200,000+: Birmingham, AL (102.0 miles , pop. A low rate can save you hundreds each year. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Chicken Breasts (Boneless, Skinless), (1kg), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car), 1 Summer Dress in a Chain Store (Zara, H&M, ), Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre. Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. The cost of living calculated as a consumer basket for a moderate lifestyle in developed countries and thus might seem too high for some least developed countries where maintaining such a standard of living is expensive.

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