Cost of Living in Muscle Shoals, AL

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

Cost of Living Overview

Overall Index

102.4

100 = national avg

+2.4 vs national average

Living Wage (1 Adult)

$45,043

per year

Living Wage (Family of 4)

$106,465

per year

Cost Index by Category

Housing
96.3
Food
104.2
Transportation
108.4
Healthcare
103.4
Utilities
101.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$775

per month

2 Bedroom

$1,000

per month

The overall cost of living index in Muscle Shoals is 102.4, which is 2.4% above the national average. Housing costs are below the national average at an index of 96.3. A single adult needs to earn approximately $45,043 per year to cover basic expenses.