Cost of Living in Powell, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.3
100 = national avg
-13.7 vs national average
Living Wage (1 Adult)
$37,979
per year
Living Wage (Family of 4)
$89,769
per year
Cost Index by Category
Housing67.7
Food98.1
Transportation96.1
Healthcare98.4
Utilities92.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$591
per month
2 Bedroom
$776
per month
The overall cost of living index in Powell is 86.3, which is 13.7% below the national average. Housing costs are below the national average at an index of 67.7. A single adult needs to earn approximately $37,979 per year to cover basic expenses.