Cost of Living in Gantt, AL

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

Cost of Living Overview

Overall Index

73.3

100 = national avg

-26.7 vs national average

Living Wage (1 Adult)

$32,232

per year

Living Wage (Family of 4)

$76,184

per year

Cost Index by Category

Housing
78.9
Transportation
46.4
Utilities
93.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$591

per month

2 Bedroom

$776

per month

The overall cost of living index in Gantt is 73.3, which is 26.7% below the national average. Housing costs are below the national average at an index of 78.9. A single adult needs to earn approximately $32,232 per year to cover basic expenses.