Cost of living in Fayette, Alabama

Fayette, Alabama has about 4,164 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $122,000.

HUD's fair-market rent for a 2-bedroom in Fayette County is $921 a month. That is the county number, not an apartment listing in Fayette. It runs from October 2026 through September 2027.

Alabama's prices sit at 88.8 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Alabama taxes wages. A typical combined sales tax is 9.5% as of January 1, 2026. That mix is statewide, not Fayette's exact store tax.

Some places in Alabama add a local wage tax. In 2023 the state average was about 0.07% of income. That is not a Fayette bill.

In July 2026, a typical Alabama home paid 16.40¢ per kilowatt-hour. That is a state average from EIA, not Fayette's bill.

EIA does not publish a Alabama gasoline price. For the week of October 12, 2026, the Gulf Coast (PADD 3) all-grades price was $3.954 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $1,897.92 a year. Those miles are our standard, not a Census figure, and every town in Alabama shares this price.

Among 290 places we list in Alabama with a rent figure, 245 have higher typical rent than Fayette.