Cost of Living in Wallace, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
157.0
100 = national avg
+57.0 vs national average
Living Wage (1 Adult)
$69,096
per year
Living Wage (Family of 4)
$163,317
per year
Cost Index by Category
Housing162.6
Food138.1
Transportation176.1
Healthcare130.5
Utilities135.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,257
per month
2 Bedroom
$1,471
per month
The overall cost of living index in Wallace is 157.0, which is 57.0% above the national average. Housing costs are above the national average at an index of 162.6. A single adult needs to earn approximately $69,096 per year to cover basic expenses.