Cost of Living in Waldo, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.4
100 = national avg
-25.6 vs national average
Living Wage (1 Adult)
$32,721
per year
Living Wage (Family of 4)
$77,340
per year
Cost Index by Category
Housing90.1
Food75.3
Transportation50.6
Healthcare80.3
Utilities83.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$682
per month
2 Bedroom
$814
per month
The overall cost of living index in Waldo is 74.4, which is 25.6% below the national average. Housing costs are below the national average at an index of 90.1. A single adult needs to earn approximately $32,721 per year to cover basic expenses.