Auburn, AL

Below Avg · 87

Alabama · Population 78,738 · Updated March 2026

$1,034
Median Rent / Month
$56,123
Median Income
$342,400
Median Home Value
$1,124
Owner Costs / Month

Affordability

How far your income goes in Auburn

22.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Alabama

State-level tax rates that affect your costs

5.0%
Income Tax (Top Rate)
4.0%
Sales Tax
0.41%
Property Tax Rate

Estimated Annual Costs

$12,408
Annual Rent
$2,806
State Income Tax
$1,404
Property Tax (est.)

Cost of Living Overview

Auburn offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 87 (where 100 equals the national median), Auburn residents can expect to pay median rent of $1,034/month while earning a median household income of $56,123/year.

The median home value in Auburn, AL is $342,400, with typical monthly owner costs around $1,124 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Alabama has a moderate income tax rate of 5.0%. Combined with a 4.0% sales tax rate and 0.41% effective property tax rate, the overall tax environment is a factor in the total cost of living in Auburn.

Frequently Asked Questions

Common questions about living costs in Auburn

What is the cost of living in Auburn, AL?
The cost of living index in Auburn, AL is 87 (US average = 100). Median monthly rent is $1,034, median household income is $56,123/year, and the median home value is $342,400.
Is Auburn, AL affordable?
Yes, Auburn is more affordable than the national average with a cost index of 87. The rent-to-income ratio is 22.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Auburn, AL?
The median gross rent in Auburn, AL is $1,034 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,408.
What is the median household income in Auburn?
The median household income in Auburn, AL is $56,123 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Alabama?
Alabama has a top income tax rate of 5.0%, a sales tax of 4.0%, and an effective property tax rate of 0.41%.