Cost of Living in Gaylesville, AL

With a cost of living index of 80, Gaylesville, AL is a very affordable place to live. Living here is 20% cheaper than the national average and 6% above the Alabama state average of 74. Gaylesville is a small community of 120 residents.

Housing costs are the biggest factor in Gaylesville's cost of living. The median monthly rent is $1,188 (10% below the US median of $1,319), and the median home value sits at $157,100 (48% below the national median of $304,900). At current prices, the median home costs roughly 4.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Gaylesville is $36,875, which is 51% lower than the national median of $75,149. Residents spend roughly 39% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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 Gaylesville. The area sees an average annual temperature of 58.8°F, with summers averaging 75°F and winters around 42°F. Annual rainfall totals 56.2 inches spread over roughly 120 days.

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.