Cost of Living in Loachapoka, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.2
100 = national avg
-14.8 vs national average
Living Wage (1 Adult)
$37,477
per year
Living Wage (Family of 4)
$88,583
per year
Cost Index by Category
Housing93.3
Food86.1
Transportation72.2
Healthcare88.9
Utilities90.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,077
per month
2 Bedroom
$1,181
per month
The overall cost of living index in Loachapoka is 85.2, which is 14.8% below the national average. Housing costs are below the national average at an index of 93.3. A single adult needs to earn approximately $37,477 per year to cover basic expenses.