Cost of Living in Gadsden, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.4
100 = national avg
-29.6 vs national average
Living Wage (1 Adult)
$30,973
per year
Living Wage (Family of 4)
$73,209
per year
Cost Index by Category
Housing69.1
Food79.6
Transportation59.2
Healthcare83.7
Utilities81.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$792
per month
2 Bedroom
$927
per month
The overall cost of living index in Gadsden is 70.4, which is 29.6% below the national average. Housing costs are below the national average at an index of 69.1. A single adult needs to earn approximately $30,973 per year to cover basic expenses.