Bay Minette, AL Cost Of Living
Cost Of Living In Bay Minette, AL Summary
Cost of living in Bay Minette research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Bay Minette is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Alabama, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Bay Minette is 85, with 100 being the average.
The cost of living index in Bay Minette is 0.8x lower than the national average.
Bay Minette ranks as the #18 cheapest in Alabama out of 119.
Bay Minette ranks as the #511 cheapest out of 6,489 in the US.
The median home value in Bay Minette is $224,616.
The median income in Bay Minette is $39,737.
Table Of Contents
Bay Minette's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Bay Minette, AL?
According to the most recent data on the cost of living, Bay Minette has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Alabama, Bay Minette has a cost of living index that's 0.9x lower than Alabama's index of 90.
The standard of living in Bay Minette ranks as #18 most affordable out of the 119 places we measured in Alabama. By definition, that implies Bay Minette ranks as the #101 most expensive place in the Heart of Dixie.
For more reading on life in Bay Minette, check out:
In Alabama
In America
Bay Minette Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Bay Minette. Here is how it fairs on each of the criteria:
The Services index in Bay Minette is 96.
The Groceries index in Bay Minette is 97.
The Health index in Bay Minette is 105.
The Housing index in Bay Minette is 70.
The Transportation index in Bay Minette is 92.
The Utilities index in Bay Minette is 87.
| Living Expense | Bay Minette | Alabama | National Average | |
|---|---|---|---|---|
| Overall | 85 | 90 | 100 | |
| Services | 96 | 97 | 100 | |
| Groceries | 97 | 98 | 100 | |
| Health | 105 | 86 | 100 | |
| Housing | 70 | 74 | 100 | |
| Transportation | 92 | 93 | 100 | |
| Utilities | 87 | 102 | 100 | |
Bay Minette, AL Housing Cost Breakdown
Housing swings affordability the most between places in Alabama, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Bay Minette is $224,616.
The Median Rent in Bay Minette is $767.
The Median Income in Bay Minette is $39,737.
The Home Value To Income in Bay Minette is 5.7x.
The Rent To Monthly Income in Bay Minette is 0.23x.
| Statistic | Bay Minette | Alabama | United States |
|---|---|---|---|
| Median Home Value | $224,616 | $232,780 | $303,400 |
| Median Rent | $767 | $963 | $1,348 |
| Median Income | $39,737 | $62,027 | $78,538 |
| Home Value To Income | 5.7x | 3.8x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.19x | 0.21x |
Median Home Value
Median Rent
Median Income
Bay Minette, AL Costs By Category
Detailed Bay Minette Services Costs Vs. Alabama
| Item | Bay Minette | Alabama |
|---|---|---|
| Shampoo | $1.17 | $1.28 |
| Movie | $10.62 | $12.13 |
| Bowling | $17.33 | $18 |
| Haircut | $24.75 | $24.26 |
| Beauty Salon | $45.72 | $45.56 |
Detailed Bay Minette Groceries Costs Vs. Alabama
| Item | Bay Minette | Alabama |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.16 | $4.93 |
| Pizza | $11.24 | $12.09 |
| Beer | $9.16 | $10.41 |
| Toothpaste | $3.59 | $3.7 |
Detailed Bay Minette Health Costs Vs. Alabama
| Item | Bay Minette | Alabama |
|---|---|---|
| Optometrist | $122.28 | $125.68 |
| Doctor | $128.94 | $135.78 |
| Dentist | $138.76 | $113.29 |
Detailed Bay Minette Transportation Costs Vs. Alabama
| Item | Bay Minette | Alabama |
|---|---|---|
| Gasoline | $3.08 | $3.46 |
| Tire Balancing | $60.67 | $59.92 |
Detailed Bay Minette Utilities Costs Vs. Alabama
| Item | Bay Minette | Alabama |
|---|---|---|
| All Electricity | $162.85 | $193.99 |
| Phone | $187.62 | $192.25 |
Bay Minette SnackAbility
/10
Cost Of Living In Cities Around Bay Minette
The cost of living varies in the cities and towns around Bay Minette. Here's a quick look at the cost of living in the most populous nearby places:
Pensacola, FL has a cost of living index of 100, 1.2x Bay Minette.
Ferry Pass, FL has a cost of living index of 97, 1.1x Bay Minette.
Pace, FL has a cost of living index of 98, 1.2x Bay Minette.
| City | Population | Cost Of Living | Vs. Bay Minette |
|---|---|---|---|
| Pensacola, FL | 54,011 | 100 | 1.2x |
| Ferry Pass, FL | 30,467 | 97 | 1.1x |
| Pace, FL | 25,630 | 98 | 1.2x |
| Bellview, FL | 25,051 | 92 | 1.1x |
| Ensley, FL | 23,036 | 90 | 1.1x |
| Prichard, AL | 19,121 | 82 | 1.0x |
| Myrtle Grove, FL | 16,637 | 92 | 1.1x |
| Saraland, AL | 16,304 | 94 | 1.1x |
| Gonzalez, FL | 13,861 | 97 | 1.1x |
| Spanish Fort, AL | 10,377 | 105 | 1.2x |
