Cost of Living in Phenix City, AL

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

Cost of Living Overview

Overall Index

86.1

100 = national avg

-13.9 vs national average

Living Wage (1 Adult)

$37,872

per year

Living Wage (Family of 4)

$89,515

per year

Cost Index by Category

Housing
88.9
Food
88.0
Transportation
81.8
Healthcare
90.4
Utilities
90.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$939

per month

2 Bedroom

$1,088

per month

The overall cost of living index in Phenix City is 86.1, which is 13.9% below the national average. Housing costs are below the national average at an index of 88.9. A single adult needs to earn approximately $37,872 per year to cover basic expenses.