Cost of Living in Selmont-West Selmont, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
55.7
100 = national avg
-44.3 vs national average
Living Wage (1 Adult)
$24,498
per year
Living Wage (Family of 4)
$57,906
per year
Cost Index by Category
Housing41.0
Food74.7
Transportation49.5
Healthcare79.8
Utilities73.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$637
per month
2 Bedroom
$836
per month
The overall cost of living index in Selmont-West Selmont is 55.7, which is 44.3% below the national average. Housing costs are below the national average at an index of 41.0. A single adult needs to earn approximately $24,498 per year to cover basic expenses.