Cost of Living in Greenville, AL
Cost of Living in Greenville, AL has an overall index of 69, 31% below the U.S. baseline of 100. The typical home value is $117,800; typical monthly rent is $728; and median household income is $40,744.
Cost index: committed city housing/rent inputs and BEA 2024 state nonmetro price parities. Home value: Census ACS 2023 fallback place estimate. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.
Rent and home prices are comparatively balanced with local income. This describes the local market, not your household.
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Frequently asked questions about Greenville
Living in Greenville
Is Greenville, AL an affordable place to live?+
Yes — everyday expenses in Greenville run about 31% below the US average (Cost Index: 69). Housing is especially affordable: the median home is valued around $117,800, compared to the $303,400 national median. Monthly rent is $728, versus $1,348 nationally.
How does Greenville fit a household housing budget?+
Start with housing. Typical monthly rent is $728, while local median household income is $40,744. That implies a rent-burden proxy of about 21% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in Greenville, AL?+
Alabama uses an approximate state-income-tax planning model; 5% is top marginal-rate context from the tax snapshot. Applying the 0.41% state-level effective owner-occupied proxy to a home worth $117,800 gives a planning estimate near $483 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 9.24%.
How much does it cost to rent in Greenville, AL?+
The typical monthly rent in Greenville is around $728. That's roughly 46% lower than the $1,348 national median. For comparison, the median home value here is $117,800, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Greenville, AL?+
The typical home value in Greenville is $117,800. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $572/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 47% of residents here own their homes.
Are groceries and utilities expensive in Greenville?+
Grocery prices in Greenville are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.
What is Greenville, AL like to live in?+
Greenville is a small town with a population of about 7,229. The median age of residents is 36.3, which is close to the national median. The local poverty rate is 27.28%, above the national average of 12.4%.