Cost of Living in Argo, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
154.4
100 = national avg
+54.4 vs national average
Living Wage (1 Adult)
$67,939
per year
Living Wage (Family of 4)
$160,584
per year
Cost Index by Category
Housing177.7
Food132.4
Transportation143.5
Healthcare125.9
Utilities135.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,155
per month
2 Bedroom
$1,266
per month
The overall cost of living index in Argo is 154.4, which is 54.4% above the national average. Housing costs are above the national average at an index of 177.7. A single adult needs to earn approximately $67,939 per year to cover basic expenses.