Cost of Living in Carolina, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.0
100 = national avg
-24.0 vs national average
Living Wage (1 Adult)
$33,418
per year
Living Wage (Family of 4)
$78,988
per year
Cost Index by Category
Housing61.0
Food89.2
Transportation78.3
Healthcare91.3
Utilities85.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$591
per month
2 Bedroom
$776
per month
The overall cost of living index in Carolina is 76.0, which is 24.0% below the national average. Housing costs are below the national average at an index of 61.0. A single adult needs to earn approximately $33,418 per year to cover basic expenses.