Bay Minette, AL, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Bay Minette stands at 85, which is 15% below the national average of 100. This makes Bay Minette an attractive option for those seeking to reduce their living expenses while maintaining a reasonable standard of living. The lower housing costs, in particular, contribute significantly to this favorable comparison.
Bay Minette, AL, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 75, which is 25% below the national average of 100. This means that housing costs in Bay Minette are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, groceries in Bay Minette are priced at 90, which is 10% below the national average. This lower cost can help residents manage their food budgets more effectively.
Utilities in Bay Minette are slightly above the national average, with an index of 95, which is 5% higher. While this is a minor increase, the overall cost of living remains favorable. Transportation costs are also lower, with an index of 85, which is 15% below the national average. This can be a significant benefit for those who rely on personal vehicles. Healthcare costs in Bay Minette are at 80, which is 20% below the national average, offering another area where residents can save. Finally, the miscellaneous index is 88, which is 12% below the national average, indicating that everyday expenses are also more affordable in this area.