Cost of Living in Sipsey, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
66.7
100 = national avg
-33.3 vs national average
Living Wage (1 Adult)
$29,354
per year
Living Wage (Family of 4)
$69,382
per year
Cost Index by Category
Housing84.0
Food69.2
Transportation38.5
Healthcare75.4
Utilities78.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$724
per month
2 Bedroom
$886
per month
The overall cost of living index in Sipsey is 66.7, which is 33.3% below the national average. Housing costs are below the national average at an index of 84.0. A single adult needs to earn approximately $29,354 per year to cover basic expenses.