Cost of Living in Louisville, AL

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

Cost of Living Overview

Overall Index

66.2

100 = national avg

-33.8 vs national average

Living Wage (1 Adult)

$29,111

per year

Living Wage (Family of 4)

$68,808

per year

Cost Index by Category

Housing
48.1
Food
83.5
Transportation
67.1
Healthcare
86.8
Utilities
79.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$693

per month

2 Bedroom

$776

per month

The overall cost of living index in Louisville is 66.2, which is 33.8% below the national average. Housing costs are below the national average at an index of 48.1. A single adult needs to earn approximately $29,111 per year to cover basic expenses.