The cost of living index for Muscle Shoals, AL, showcases a varied landscape compared to the nationwide average of 100. Housing costs are notably lower at 85, providing potential savings for residents. Groceries and utilities remain close to the national average, with grocery prices at 90 and utilities at 95, indicating slight affordability in these areas. Transportation costs also sit below the average at 85, offering another advantage. Healthcare expenses stand at 92, slightly higher than average, while miscellaneous expenses are at 88, reflecting a modest premium. Overall, the index reflects Muscle Shoals as a city with generally lower living costs, especially in housing and transportation.
The cost of living index in Muscle Shoals, Alabama, shows a generally favorable comparison to the nationwide average. The nationwide average cost of living is set at 100, and Muscle Shoals scores well below this benchmark across several categories. Housing in Muscle Shoals costs about 15% less than the national average, with an index of 85. This makes housing more affordable for residents and potential newcomers. Similarly, transportation costs are 15% lower at an index of 85.
Groceries and utilities in Muscle Shoals also remain competitive. Groceries have an index of 90, meaning they are 10% less expensive than the average. Utilities are slightly cheaper, at an index of 95, which translates to a 5% reduction in costs. Healthcare costs are also notably lower, with an index of 92, marking an 8% decrease. Miscellaneous expenses, which include items like entertainment and personal care, have an index of 88, representing a 12% savings. Overall, Muscle Shoals offers a cost of living that is more affordable in many key areas compared to the national average.