Cost of Living in Cherokee, AL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

83.8

100 = national avg

-16.2 vs national average

Living Wage (1 Adult)

$36,878

per year

Living Wage (Family of 4)

$87,166

per year

Cost Index by Category

Housing
77.0
Food
91.4
Transportation
82.7
Healthcare
93.1
Utilities
90.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$775

per month

2 Bedroom

$1,000

per month

The overall cost of living index in Cherokee is 83.8, which is 16.2% below the national average. Housing costs are below the national average at an index of 77.0. A single adult needs to earn approximately $36,878 per year to cover basic expenses.