Cost of living in Florence, Alabama

Florence, Alabama has about 41,701 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $196,300.

HUD's fair-market rent for a 2-bedroom in Lauderdale County is $1,085 a month. That is the county number, not an apartment listing in Florence. It runs from October 2026 through September 2027.

In the Florence-Muscle Shoals, AL metro area, prices sit at 84.8 when the U.S. average is 100. That is a 2024 BEA index.

Alabama taxes wages. A typical combined sales tax is 9.5% as of January 1, 2026. That mix is statewide, not Florence's exact store tax.

Some places in Alabama add a local wage tax. In 2023 the state average was about 0.07% of income. That is not a Florence bill.

In July 2026, a typical Alabama home paid 16.40¢ per kilowatt-hour. That is a state average from EIA, not Florence's bill.

EIA does not publish a Alabama gasoline price. For the week of October 12, 2026, the Gulf Coast (PADD 3) all-grades price was $3.954 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $1,897.92 a year. Those miles are our standard, not a Census figure, and every town in Alabama shares this price.

Among 290 places we list in Alabama with a rent figure, 165 have higher typical rent than Florence.