Cost of Living in McKenzie, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
56.1
100 = national avg
-43.9 vs national average
Living Wage (1 Adult)
$24,699
per year
Living Wage (Family of 4)
$58,380
per year
Cost Index by Category
Housing44.3
Food73.9
Transportation47.8
Healthcare79.1
Utilities73.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$615
per month
2 Bedroom
$776
per month
The overall cost of living index in McKenzie is 56.1, which is 43.9% below the national average. Housing costs are below the national average at an index of 44.3. A single adult needs to earn approximately $24,699 per year to cover basic expenses.