Cost of Living in Mignon, AL

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

Cost of Living Overview

Overall Index

63.7

100 = national avg

-36.3 vs national average

Living Wage (1 Adult)

$28,016

per year

Living Wage (Family of 4)

$66,220

per year

Cost Index by Category

Housing
52.7
Food
75.4
Transportation
71.4
Healthcare
80.3
Utilities
75.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$682

per month

2 Bedroom

$814

per month

The overall cost of living index in Mignon is 63.7, which is 36.3% below the national average. Housing costs are below the national average at an index of 52.7. A single adult needs to earn approximately $28,016 per year to cover basic expenses.