Cost of Living in Margaret, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
120.0
100 = national avg
+20.0 vs national average
Living Wage (1 Adult)
$52,809
per year
Living Wage (Family of 4)
$124,822
per year
Cost Index by Category
Housing95.9
Food124.2
Transportation148.4
Healthcare119.4
Utilities113.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,155
per month
2 Bedroom
$1,266
per month
The overall cost of living index in Margaret is 120.0, which is 20.0% above the national average. Housing costs are below the national average at an index of 95.9. A single adult needs to earn approximately $52,809 per year to cover basic expenses.