The cost of living in Russellville, AL, is notably lower than the nationwide average. The overall cost of living index for Russellville stands at 85, which is 15% lower than the national average of 100. This lower cost of living makes Russellville an attractive option for job seekers looking to maximize their purchasing power.
Specifically, housing costs in Russellville are 25% below the national average, while groceries and utilities are slightly below average at 10% and 5% respectively. Transportation costs are 5% higher, but healthcare and miscellaneous expenses are 12% and 20% lower than the national average. This balanced mix of costs provides a favorable environment for those seeking a more affordable lifestyle.
The cost of living in Russellville, AL, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Russellville stand at 75, indicating that residents can expect to pay 25% less than the national average for housing. This lower housing index can be a significant advantage for those looking to settle in Russellville, as it provides more affordability without compromising on living standards.
Additionally, the grocery index in Russellville is 90, which means that grocery expenses are only 10% below the national average. This slight reduction in grocery costs adds to the overall affordability of living in Russellville. Utilities, which include electricity, gas, and water, are priced at 85, showing a 15% savings compared to the national average. Transportation costs are slightly higher, with an index of 95, indicating a 5% increase over the national average. Healthcare costs are at 88, which is 12% below the national average, offering another area where residents can save money. Miscellaneous expenses, such as entertainment and personal care, are at 80, representing a 20% savings. Overall, Russellville provides a cost-effective living environment with several areas below the national average.
