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Is Huntsville's cost of living decreasing? This report says yes

The cost of living in Huntsville has gone down by more than 6% since the beginning of the pandemic.

HUNTSVILLE, Ala. — According to a recent report by Rent.com, Huntsville's cost of living decreased more than anywhere else in the U.S. during the COVID-19 pandemic.

The cost of living in Huntsville has gone down by more than 6% since the beginning of the pandemic.

Senior Vice President of Economic Development for the Huntsville/Madison County Chamber Lucia Cape said there are people that are concerned about housing availability as prices go up due to the pandemic.

RELATED: Housing market: Prices are up and days spent on the market are down

"A lot of times, people forget where we sit in relation to our peer communities and how also they are going up, so being able to obtain a low cost of living is going to be a great advantage for recruitment," said Cape.

Rent.com listed the following changes in Huntsville's cost of living since the start of the COVID-19 pandemic:

  • Overall - Down 6.39%
  • Groceries - Up 3.80%
  • Housing - Down 5.82%
  • Utilities - Down 2.19%
  • Transportation - Down 8.97%
  • Health care - 14.19%
  • Goods and Services - 9.26%

Other cities included in the list are as follows:

  • Juneau, Alaska - No.10 - Overall Down 4.44%
  • Stockton, California - No.9 - Overall Down 4.51%
  • Texarkana, Texas - No.8 - Overall Down 4.62%
  • Minot, North Dakota - No.7 - Overall Down 4.66%
  • Dallas, Texas - No.6 - Overall Down 4.74%
  • Middlesex-Monmouth, New Jersey - No.5 - Overall Down 5.05%
  • Honolulu, Hawaii - No.4 - Overall Down 5.06%
  • Bakersfield, California - No.3 - Overall Down 5.19%
  • Hartford, Connecticut - No.2 - Overall Down 5.70%

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RELATED: Spring 2021 state sales tax collections up dramatically over last year

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