Cost of Living in Alva, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
127.7
100 = national avg
+27.7 vs national average
Living Wage (1 Adult)
$56,186
per year
Living Wage (Family of 4)
$132,802
per year
Cost Index by Category
Housing141.5
Food113.9
Transportation127.7
Healthcare111.1
Utilities116.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,638
per month
2 Bedroom
$1,961
per month
The overall cost of living index in Alva is 127.7, which is 27.7% above the national average. Housing costs are above the national average at an index of 141.5. A single adult needs to earn approximately $56,186 per year to cover basic expenses.