Bay Minette, AL, offers a lower cost of living compared to the nationwide average. The cost of living index in Bay Minette stands at 91. This means residents can expect to spend about 9% less than the average American on their daily expenses.
Bay Minette, AL, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 89, which is 11% below the national average of 100. This suggests that housing expenses in Bay Minette are more affordable, making it an attractive option for those looking to save on their living costs. Additionally, groceries in Bay Minette are priced at 92, which is 2% lower than the national average. This small difference indicates that food costs remain quite competitive.
Utilities in Bay Minette are slightly above the national average, with an index of 95, representing a 5% increase. This means that while utilities are not the cheapest, they are still relatively affordable. Transportation costs are close to the national average, with an index of 98, indicating a 2% increase. Healthcare costs in Bay Minette are 12% lower than the national average, with an index of 88, offering significant savings for residents. Miscellaneous expenses also reflect a modest 10% decrease, with an index of 90. Overall, Bay Minette provides a cost of living that is generally lower than the national average, making it a financially prudent choice for many.
