Cost of Living in Malvern, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.0
100 = national avg
-15.0 vs national average
Living Wage (1 Adult)
$37,385
per year
Living Wage (Family of 4)
$88,364
per year
Cost Index by Category
Housing76.1
Food90.1
Transportation97.5
Healthcare92.1
Utilities89.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$762
per month
2 Bedroom
$950
per month
The overall cost of living index in Malvern is 85.0, which is 15.0% below the national average. Housing costs are below the national average at an index of 76.1. A single adult needs to earn approximately $37,385 per year to cover basic expenses.