Cost of Living in Lookout Mountain, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
64.3
100 = national avg
-35.7 vs national average
Living Wage (1 Adult)
$28,301
per year
Living Wage (Family of 4)
$66,894
per year
Cost Index by Category
Housing43.9
Food83.2
Transportation66.5
Healthcare86.6
Utilities78.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$792
per month
2 Bedroom
$927
per month
The overall cost of living index in Lookout Mountain is 64.3, which is 35.7% below the national average. Housing costs are below the national average at an index of 43.9. A single adult needs to earn approximately $28,301 per year to cover basic expenses.