Cost of Living in Belk, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.9
100 = national avg
-22.1 vs national average
Living Wage (1 Adult)
$34,270
per year
Living Wage (Family of 4)
$81,001
per year
Cost Index by Category
Housing48.9
Food85.7
Transportation134.8
Healthcare88.6
Utilities81.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$671
per month
2 Bedroom
$776
per month
The overall cost of living index in Belk is 77.9, which is 22.1% below the national average. Housing costs are below the national average at an index of 48.9. A single adult needs to earn approximately $34,270 per year to cover basic expenses.