Cost of Living in Hamilton, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.1
100 = national avg
-22.9 vs national average
Living Wage (1 Adult)
$33,924
per year
Living Wage (Family of 4)
$80,184
per year
Cost Index by Category
Housing53.2
Food91.1
Transportation98.0
Healthcare92.8
Utilities85.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$591
per month
2 Bedroom
$776
per month
The overall cost of living index in Hamilton is 77.1, which is 22.9% below the national average. Housing costs are below the national average at an index of 53.2. A single adult needs to earn approximately $33,924 per year to cover basic expenses.