The cost of living index in Loxley, Alabama, shows that housing costs are 8% lower than the nationwide average. Groceries and utilities are also slightly below the national average, at 5% and 10% respectively. However, transportation, healthcare, and miscellaneous expenses are higher, at 2% and 8% more expensive than the national average.
Despite a few higher expenses, Loxley provides overall savings for residents. Housing and groceries, which make up a big part of monthly spending, are cheaper in Loxley. This makes it a smart choice for those looking to manage their budget while enjoying a balanced lifestyle.
Loxley, AL, presents a cost of living index that is notably lower than the nationwide average. Specifically, the housing index in Loxley stands at 92, which is 8% below the national average. This means that housing costs in Loxley are generally more affordable for residents and job seekers. The groceries index shows a similar trend, coming in at 95. This represents a 5% reduction from the national average, indicating that everyday food purchases are slightly cheaper in Loxley.
Additionally, Loxley's utilities index is at 90, which is 10% lower than the national average. This suggests that residents can expect to pay less for essential services such as electricity, gas, and water. Transportation costs in Loxley also remain competitive, with an index of 98, just 2% below the national average. Healthcare and miscellaneous costs also show Loxley to be more affordable, with indexes of 98 and 96, respectively. These figures suggest that overall living expenses in Loxley are below the national average, making it an attractive option for those looking to balance cost of living with quality of life.
