The cost of living index in Muscle Shoals, AL, stands at 88, which is 8% lower than the nationwide average of 100. This lower index suggests that residents can expect to pay less for most goods and services compared to the national average.
Muscle Shoals offers a more affordable living environment, with housing costs at 81, groceries at 95, and utilities at 90. This makes it an attractive option for those seeking a lower cost of living without sacrificing essential services.
The cost of living in Muscle Shoals, AL, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Muscle Shoals are notably lower, with an index of 81. This means residents can expect to pay about 19% less for housing compared to the national average. Such savings can significantly ease the financial burden for those looking to settle in Muscle Shoals.
In other areas, the cost of living remains close to the national average. Groceries, for example, have an index of 95, indicating only a 5% increase from the national average. Utilities and transportation also show slight increases, with indices of 90 and 87, respectively. Healthcare costs are slightly higher, with an index of 92, meaning residents pay about 2% more. Miscellaneous expenses, with an index of 88, suggest a modest 12% decrease. Overall, Muscle Shoals offers a balanced cost of living that can be attractive to job seekers and families.
