Cost of Living in New Market, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.9
100 = national avg
-3.1 vs national average
Living Wage (1 Adult)
$42,649
per year
Living Wage (Family of 4)
$100,806
per year
Cost Index by Category
Housing81.3
Food104.3
Transportation108.7
Healthcare103.5
Utilities98.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,136
per month
2 Bedroom
$1,310
per month
The overall cost of living index in New Market is 96.9, which is 3.1% below the national average. Housing costs are below the national average at an index of 81.3. A single adult needs to earn approximately $42,649 per year to cover basic expenses.