Cost of Living in Slocomb, AL

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

Cost of Living Overview

Overall Index

69.1

100 = national avg

-30.9 vs national average

Living Wage (1 Adult)

$30,424

per year

Living Wage (Family of 4)

$71,910

per year

Cost Index by Category

Housing
65.2
Food
79.8
Transportation
59.6
Healthcare
83.8
Utilities
80.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$762

per month

2 Bedroom

$950

per month

The overall cost of living index in Slocomb is 69.1, which is 30.9% below the national average. Housing costs are below the national average at an index of 65.2. A single adult needs to earn approximately $30,424 per year to cover basic expenses.