Cost of Living in Goodwater, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.2
100 = national avg
-36.8 vs national average
Living Wage (1 Adult)
$27,789
per year
Living Wage (Family of 4)
$65,684
per year
Cost Index by Category
Housing52.8
Food78.2
Transportation56.5
Healthcare82.6
Utilities77.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$615
per month
2 Bedroom
$776
per month
The overall cost of living index in Goodwater is 63.2, which is 36.8% below the national average. Housing costs are below the national average at an index of 52.8. A single adult needs to earn approximately $27,789 per year to cover basic expenses.