What is the cost of living in Fairhope, AL?
According to the most recent data on the cost of living, Fairhope has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Alabama, Fairhope has a cost of living index that's 1.3x higher than Alabama's index of 91.
The standard of living in Fairhope ranks as #110 most affordable out of the 116 places we measured in Alabama. By definition, that implies Fairhope ranks as the #6 most expensive place in the Heart of Dixie.
For more reading on life in Fairhope, check out:
Fairhope Cost Of Living Vs. Alabama
Six factors go into calculating the cost of living index in Fairhope. Here is how it fares on each of the criteria:
The Services index in Fairhope is 95.
The Groceries index in Fairhope is 91.
The Health index in Fairhope is 169.
The Housing index in Fairhope is 98.
The Transportation index in Fairhope is 102.
The Utilities index in Fairhope is 98.
| Living Expense | Fairhope | Alabama | National Average |
|---|---|---|---|
| Overall | 119 | 91 | 100 |
| Services | 95 | 95 | 100 |
| Groceries | 91 | 96 | 100 |
| Health | 169 | 74 | 100 |
| Housing | 98 | 96 | 100 |
| Transportation | 102 | 95 | 100 |
| Utilities | 98 | 95 | 100 |
Fairhope Cost Of Living Compared To Alabama Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Alabama, check out:
Protect your home budget Compare home warranties in Fairhope Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Fairhope, 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 2020-2024. The key points are:
The Median Home Value in Fairhope is $459,929.
The Median Rent in Fairhope is $1,689.
The Median Income in Fairhope is $94,274.
The Home Value To Income in Fairhope is 4.9x.
The Rent To Monthly Income in Fairhope is 0.21x.
Fairhope, AL Costs By Category
Detailed Fairhope Services costs vs. Alabama
Detailed Fairhope Groceries costs vs. Alabama
Detailed Fairhope Health costs vs. Alabama
Detailed Fairhope Transportation costs vs. Alabama
Fairhope SnackAbility
Cost Of Living In Cities Around Fairhope
The cost of living varies in the cities and towns around Fairhope. 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 107, 0.9x Fairhope.
Ferry Pass, FL has a cost of living index of 101, 0.8x Fairhope.
Daphne, AL has a cost of living index of 102, 0.9x Fairhope.
| City | Population | Cost Of Living | Vs. Fairhope |
|---|---|---|---|
| Pensacola, FL | 54,036 | 107 | 0.9x |
| Ferry Pass, FL | 30,053 | 101 | 0.8x |
| Daphne, AL | 29,453 | 102 | 0.9x |
| Bellview, FL | 26,488 | 96 | 0.8x |
| Pace, FL | 26,282 | 104 | 0.9x |
| Foley, AL | 24,026 | 104 | 0.9x |
| Brent, FL | 23,813 | 91 | 0.8x |
| Ensley, FL | 23,760 | 96 | 0.8x |
| Prichard, AL | 18,961 | 80 | 0.7x |
| Myrtle Grove, FL | 15,595 | 95 | 0.8x |
