Cost of Living in Lanett, AL

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

Cost of Living Overview

Overall Index

72.5

100 = national avg

-27.5 vs national average

Living Wage (1 Adult)

$31,887

per year

Living Wage (Family of 4)

$75,368

per year

Cost Index by Category

Housing
67.9
Food
82.4
Transportation
64.8
Healthcare
85.9
Utilities
83.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$770

per month

2 Bedroom

$1,002

per month

The overall cost of living index in Lanett is 72.5, which is 27.5% below the national average. Housing costs are below the national average at an index of 67.9. A single adult needs to earn approximately $31,887 per year to cover basic expenses.