Cost of living in Gulf Shores research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Gulf Shores is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Alabama, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Gulf Shores is 105, with 100 being the average.
The cost of living index in Gulf Shores is 1.1x higher than the national average.
Gulf Shores ranks as the #100 cheapest in Alabama out of 115.
Gulf Shores ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Gulf Shores is $271,500.
The median income in Gulf Shores is $53,048.
According to the most recent data on the cost of living, Gulf Shores has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Alabama, Gulf Shores has a cost of living index that's 1.2x higher than Alabama's index of 88.
The standard of living in Gulf Shores ranks as #100 most affordable out of the 115 places we measured in Alabama. By definition, that implies Gulf Shores ranks as the #15 most expensive place in the Heart of Dixie.
For more reading on life in Gulf Shores, check out:
Six factors go into calculating the cost of living index in Gulf Shores. Here is how it fairs on each of the criteria:
The Services index in Gulf Shores is 96.
The Groceries index in Gulf Shores is 98.
The Health index in Gulf Shores is 95.
The Housing index in Gulf Shores is 122.
The Transportation index in Gulf Shores is 98.
The Utilities index in Gulf Shores is 119.
Living Expense | Gulf Shores | Alabama | National Average | |
---|---|---|---|---|
Overall | 105 | 88 | 100 | |
Services | 96 | 95 | 100 | |
Groceries | 98 | 97 | 100 | |
Health | 95 | 88 | 100 | |
Housing | 122 | 69 | 100 | |
Transportation | 98 | 90 | 100 | |
Utilities | 119 | 101 | 100 |
Housing swings affordability the most between places in Alabama, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Gulf Shores is $271,500.
The Median Rent in Gulf Shores is $1,131.
The Median Income in Gulf Shores is $53,048.
The Home Value To Income in Gulf Shores is 5.1x.
The Rent To Monthly Income in Gulf Shores is 0.26x.
Statistic | Gulf Shores | Alabama | United States |
---|---|---|---|
Median Home Value | $271,500 | $157,100 | $244,900 |
Median Rent | $1,131 | $852 | $1,163 |
Median Income | $53,048 | $54,943 | $69,021 |
Home Value To Income | 5.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.26x | 0.19x | 0.2x |
Item | Gulf Shores | Alabama |
---|---|---|
Shampoo | $0.91 | $1.06 |
Movie | $10.11 | $10.68 |
Bowling | $13.56 | $14.67 |
Haircut | $20.99 | $18.62 |
Beauty Salon | $40.18 | $39.05 |
Item | Gulf Shores | Alabama |
---|---|---|
Ground Beef | $4.78 | $4.22 |
Fried Chicken | $1.12 | $1.39 |
Milk | $2.74 | $2.05 |
Potatoes | $4.2 | $3.29 |
Pizza | $10.82 | $10.62 |
Beer | $10.29 | $9.38 |
Toothpaste | $2.54 | $2.34 |
Item | Gulf Shores | Alabama |
---|---|---|
Optometrist | $67.63 | $108.57 |
Doctor | $93.0 | $116.17 |
Dentist | $100.33 | $99.13 |
Item | Gulf Shores | Alabama |
---|---|---|
Gasoline | $2.29 | $2.22 |
Tire Balancing | $40.98 | $50.07 |
Item | Gulf Shores | Alabama |
---|---|---|
All Electricity | $223.75 | $167.67 |
Phone | $188.77 | $175.64 |
The cost of living varies in the cities and towns around Gulf Shores. Here's a quick look at the cost of living in the most populous nearby places:
Pensacola, FL has a cost of living index of 94, 0.9x Gulf Shores.
Navarre, FL has a cost of living index of 104, 1.0x Gulf Shores.
Ferry Pass, FL has a cost of living index of 95, 0.9x Gulf Shores.
City | Population | Cost Of Living | Vs. Gulf Shores |
---|---|---|---|
Pensacola, FL | 53,845 | 94 | 0.9x |
Navarre, FL | 38,994 | 104 | 1.0x |
Ferry Pass, FL | 30,526 | 95 | 0.9x |
Pace, FL | 23,527 | 98 | 0.9x |
Bellview, FL | 22,613 | 92 | 0.9x |
Ensley, FL | 22,015 | 91 | 0.9x |
Fairhope, AL | 21,825 | 105 | 1.0x |
Brent, FL | 21,717 | 87 | 0.8x |
Foley, AL | 20,170 | 94 | 0.9x |
Prichard, AL | 19,645 | 82 | 0.8x |