Cost of Living in Needham, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.4
100 = national avg
-12.6 vs national average
Living Wage (1 Adult)
$38,460
per year
Living Wage (Family of 4)
$90,906
per year
Cost Index by Category
Housing20.0
Food110.3
Transportation172.8
Healthcare108.2
Utilities90.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$616
per month
2 Bedroom
$778
per month
The overall cost of living index in Needham is 87.4, which is 12.6% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $38,460 per year to cover basic expenses.