Cost of Living in Mount Vernon, AL

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

Cost of Living Overview

Overall Index

80.0

100 = national avg

-20.0 vs national average

Living Wage (1 Adult)

$35,212

per year

Living Wage (Family of 4)

$83,228

per year

Cost Index by Category

Housing
90.4
Food
81.5
Transportation
63.1
Healthcare
85.2
Utilities
87.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$919

per month

2 Bedroom

$1,083

per month

The overall cost of living index in Mount Vernon is 80.0, which is 20.0% below the national average. Housing costs are below the national average at an index of 90.4. A single adult needs to earn approximately $35,212 per year to cover basic expenses.