Cost of Living in Alexandria, AL
Alexandria cost of living index: 85.0 (below the US average). Median home price: $249,900.
Updated 2026 • Based on 1 local zip code
📍 Some data sourced from nearby metro area
% below the national average
Housing
Data from 1 zip code
Housing costs in Alexandria, AL based on real market data from 1 local zip code.
When considering a move to Alexandria, AL, the housing landscape appears quite unique based on current data. With a housing index of 53.2, it's essential to note that while the median home price stands at 249900.0, both the average rent for a 2BR apartment and a 2BR house are currently at 1372.0 and , indicating a potential absence of rental options or underreporting. Be aware that housing markets often vary widely; researching surrounding neighborhoods and community amenities might reveal valuable insights to guide your decision-making, especially concerning affordability and lifestyle.
Last updated: January 2026
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Living in Alexandria, AL could entail variable utility costs. Electricity costs sit at $15.03, while natural gas is priced at $21.76 per Thousand Cubic Feet. Expect to budget about $102.4 monthly for other services like water and garbage.
Cost Breakdown by Category
Local Income & Economy in Alexandria, AL
How far does your money go in Alexandria? Understanding the relationship between income and cost of living is key to evaluating affordability.
How We Calculate Adjusted Purchasing Power in Alexandria
The adjusted purchasing power shows what a Alexandria, AL household income is actually worth after accounting for local prices. We calculate it using the formula: Purchasing Power = Median Income ÷ Cost of Living Index × 100
For Alexandria, that's $95,039 ÷ 85.0 × 100 = $111,811. This means a household earning the median income in Alexandria has the equivalent buying power of $111,811 in a city where the cost of living index equals the national baseline of 100.
With a cost of living index of 85.0, Alexandria is more affordable than the national average. The median household income of $95,039 effectively stretches to $111,811 in purchasing power — meaning everyday expenses like housing, groceries, and utilities cost less here. This makes Alexandria, AL an attractive destination for budget-conscious families, remote workers, and retirees looking to maximize their income.
Housing is particularly affordable, with a median home price of $249,900. Renters and first-time homebuyers in Alexandria benefit from lower monthly costs compared to national averages, leaving more room in the budget for savings and quality of life.
💡 Purchasing power is calculated by dividing the local median household income by the cost of living index and multiplying by 100. A result higher than the nominal income means your money goes further; a lower result means local prices erode your earnings. The US baseline cost of living index is 100.
Pros & Cons of Living in Alexandria
Pros
- • Historical sites to explore
- • Growing local economy
- • Friendly community atmosphere
- • Diverse dining options
- • Access to outdoor activities
- • Local festivals and events
- • Less traffic congestion
- • Family-friendly parks available
- • Affordable housing options
- • Nearby lakes for recreation
Cons
- • Healthcare facilities are not strong
- • Higher crime rates reported
- • Limited nightlife options
- • Struggles with economic growth
- • Political views can be polarized
- • Less public transportation available
- • Limited kids' activities
- • Issues with racial diversity
- • Job market is competitive
- • Lower-ranked school systems
💡City Insights
Alexandria scores 10/10 for affordability, 5/10 for safety, and 5/10 for family-friendliness — an good overall profile. Its strongest aspect is affordability, making it particularly suitable for budget-conscious buyers. This balanced profile makes Alexandria worth considering for various lifestyle priorities.
Frequently Asked Questions
What is the cost of living in Alexandria, AL? ▼
The cost of living in Alexandria, AL is 15% lower than the national average, with a cost of living index of 85 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Alexandria, AL? ▼
In Alexandria, AL, The median home price is $249,900. requiring approximately $96,407 annual income to afford. Average rent is $1,372/month (requiring ~$54,880/year income). The local median household income is $95,039, making homeownership attainable for typical residents. Explore Alexandria real estate data →
Is Alexandria, AL a safe place to live? ▼
Alexandria, AL is average in terms of safety, with crime rates near the national average. Safety varies significantly by neighborhood. View detailed Alexandria crime statistics →
What salary do you need to live comfortably in Alexandria, AL? ▼
To live comfortably in Alexandria, AL and afford a median-priced home of $249,900, you would typically need a household income of $62,475 to $78,094 per year. The local median household income is $95,039. Renting requires approximately $54,880/year (at $1,372/month). See full affordability analysis →
What are the best neighborhoods in Alexandria, AL? ▼
The best neighborhoods in Alexandria, AL depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $249,900 is below the national average.
How are the taxes in Alexandria, AL? ▼
Tax rates in Alexandria, AL include state and local components. The cost of living index of 85 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Alexandria tax information →
How does Alexandria, AL compare to nearby cities? ▼
Alexandria, AL offers a more affordable alternative to nearby communities. With a cost of living index of 85, median home prices of $249,900, and a crime rate of 0 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Alexandria, AL? ▼
Weather in Alexandria, AL varies by season. Climate data varies by season. View detailed Alexandria climate & environment data →
What factors affect cost of living in Alexandria, AL? ▼
The main factors affecting cost of living in Alexandria, AL include housing costs (the biggest factor), utilities, groceries, transportation, and healthcare. Local taxes and the overall economic conditions also play a role.
Housing Costs by Zip Code
Detailed housing data across 1 zip code in Alexandria, AL.
| Zip Code | Median Home Price | Avg Rent | 2BR Rent | For Sale | For Rent |
|---|---|---|---|---|---|
| 36250 | $249,900 | $1,132/mo | — | 18 | 3 |
Explore More About Alexandria, AL
📅 Last Updated: January 2026
Sources: U.S. Census Bureau (ACS), Bureau of Labor Statistics, Council for Community and Economic Research (C2ER), Zillow, Redfin