Bay Minette, AL, presents a favorable cost of living when compared to the nationwide average. The cost of living index in Bay Minette is notably lower, at 87% of the national average. This reduction means residents can enjoy more affordable living expenses, particularly in housing, groceries, and utilities, which are key areas of daily spending.
Living in Bay Minette offers savings, as the housing index stands at 79% of the national average. Groceries cost 93%, utilities 90%, and transportation 87%. This pattern suggests that while some expenses remain close to the national average, the overall living costs in Bay Minette are beneficial for job seekers looking to maximize their budget.
Bay Minette, AL, offers a cost of living that is generally lower than the nationwide average. When compared to the standard of 100 for the national average, Bay Minette's overall cost of living index stands at 87. This means that residents can expect to pay around 13% less for their everyday expenses in Bay Minette compared to other parts of the country. Housing in Bay Minette is particularly affordable, with an index of 79, which is 21% below the national average.
In specific areas such as groceries, utilities, and transportation, Bay Minette maintains a relatively favorable position. Groceries cost 93% of the national average, a slight increase but still more affordable. Utilities and transportation each show costs at 90% and 87% of the national average, respectively, indicating they are also reasonably priced. These factors contribute to an overall living cost that is easy for many to manage.