The cost of living index in Loxley, AL, shows a favorable comparison to the nationwide average, which is set at 100. Housing costs 15% less, while groceries and utilities are slightly below the average, at 8% and 5% less, respectively. Transportation and healthcare costs are also lower, at 11% and 3% less, while miscellaneous expenses are 10% below the national average. This data suggests that living in Loxley can be more affordable in several areas compared to the average U.S. city.
The cost of living in Loxley, AL, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Loxley stand at 85, indicating that residents can expect to pay 15% less than the national average for housing. This lower housing index can be a significant advantage for those looking to settle in Loxley, as it provides a more affordable option for living expenses.
Additionally, the cost of groceries in Loxley is slightly above the national average, with an index of 92. This means that grocery prices are 2% higher than the nationwide average. However, other essential areas such as utilities, transportation, healthcare, and miscellaneous expenses are also close to the national average. Utilities are at 95, transportation at 89, healthcare at 97, and miscellaneous expenses at 90. These figures show that while some costs are marginally higher, the overall cost of living in Loxley remains competitive, offering a balanced and potentially more affordable lifestyle compared to many other areas.
