Cost of Living in Vance, AL

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

Cost of Living Overview

Overall Index

109.9

100 = national avg

+9.9 vs national average

Living Wage (1 Adult)

$48,346

per year

Living Wage (Family of 4)

$114,272

per year

Cost Index by Category

Housing
106.0
Food
108.6
Transportation
117.2
Healthcare
106.9
Utilities
106.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$972

per month

2 Bedroom

$1,169

per month

The overall cost of living index in Vance is 109.9, which is 9.9% above the national average. Housing costs are above the national average at an index of 106.0. A single adult needs to earn approximately $48,346 per year to cover basic expenses.