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Cost of Living in Collinsville, AL

Population: 1,835 | Alabama

65
Cost of Living Index
US Average = 100

Collinsville is 35% less expensive than the national average.

26
Housing
100
Home Values
86
Regional Price

Cost of Living in Collinsville, AL: What You Need to Know

With a cost of living index of 65, Collinsville, AL is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 9% below the Alabama state average of 74. Collinsville is a small community of 1,835 residents.

The median household income in Collinsville is $31,411, which is 58% lower than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Collinsville. The area sees an average annual temperature of 59°F, with summers averaging 75°F and winters around 42°F. Annual rainfall totals 57.6 inches spread over roughly 125 days.

Everyday prices in the Gadsden, AL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$31,411
vs US Median ($75,149)
-58%

Housing

Median Rent
$340/mo
Median Monthly Housing Cost
$501/mo

Everyday Prices in Collinsville

BLS Average Prices for the Gadsden, AL (Metropolitan Statistical Area) area

$2.90
Gasoline (regular)
per gallon
-5% vs US
🥚
$2.37
Eggs (grade A, large)
per dozen
-5% vs US
🥛
$3.81
Milk (whole)
per gallon
-5% vs US
🍞
$1.75
Bread (white)
per lb
-5% vs US
🍗
$3.92
Chicken breast
per lb
-5% vs US
$0.17
Electricity
per kWh
-8% vs US

Climate in Collinsville

NOAA 30-year normals (1991-2020)

59°F
Avg Temperature
57.6"
Rainfall / Year
125d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 50 54 61 70 77 84 87 86 81 71 61 52
Avg °F 40 44 51 59 66 73 77 76 70 60 49 43
Low °F 31 34 41 48 55 63 67 66 59 48 38 34
Rain" 5.5 5.0 5.6 5.2 4.3 4.8 4.2 3.9 4.5 3.9 4.8 6.1

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