Cost of Living in Nectar, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.3
100 = national avg
-14.7 vs national average
Living Wage (1 Adult)
$37,544
per year
Living Wage (Family of 4)
$88,740
per year
Cost Index by Category
Housing96.0
Food85.2
Transportation70.3
Healthcare88.1
Utilities90.3
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 Nectar is 85.3, which is 14.7% below the national average. Housing costs are below the national average at an index of 96.0. A single adult needs to earn approximately $37,544 per year to cover basic expenses.