Cost of Living in Chatom, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
65.4
100 = national avg
-34.6 vs national average
Living Wage (1 Adult)
$28,783
per year
Living Wage (Family of 4)
$68,032
per year
Cost Index by Category
Housing54.3
Food80.1
Transportation60.3
Healthcare84.1
Utilities78.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$818
per month
2 Bedroom
$983
per month
The overall cost of living index in Chatom is 65.4, which is 34.6% below the national average. Housing costs are below the national average at an index of 54.3. A single adult needs to earn approximately $28,783 per year to cover basic expenses.