Fairhope, AL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
105
Fairhope's Overall Cost Of Living
1.1x
Higher Than The National Average
100 out of 115
In Alabama
3,676 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Fairhope is expensive, while a number below 100 means it's a relatively cheap place to live.

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 105 which is 1.1x higher than the national index of 100.

Compared to only Alabama, Fairhope has a cost of living index that's 1.2x higher than Alabama's index of 90.

The standard of living in Fairhope ranks as #3,677 most affordable out of the 6,418 places we measured in Alabama. By definition, that implies Fairhope ranks as the #2,741 most expensive place in the Heart of Dixie.

For more reading on life in Fairhope, check out:

Fairhope Cost Of Living Vs. Alabama

Living Expense Fairhope Alabama National Average
Overall 105 90 100
Services 98 98 100
Groceries 97 98 100
Health 100 92 100
Housing 127 73 100
Transportation 93 91 100
Utilities 98 103 100
For more reading on cost of living around Alabama, check out:
Fairhope Cost of Living Vs. AL

Fairhope, AL Housing Cost Breakdown

Housing swings affordability the most between places in Alabama, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$321,900
Median Home Value
$1,312
Median Rent
$80,106
Median Income
Statistic Fairhope Alabama United States
Median Home Value $321,900 $149,600 $229,800
Median Rent $1,312 $811 $1,096
Median Income $80,106 $52,035 $64,994
Home Value To Income 4.0x 2.9x 3.5x
Rent To Monthly Income 0.2x 0.19x 0.2x

Detailed Fairhope Services Costs Vs. Alabama

Item Fairhope Alabama
Shampoo $1.01 $1.06
Movie $11.99 $10.68
Bowling $18.0 $14.67

Detailed Fairhope Groceries Costs Vs. Alabama

Item Fairhope Alabama
Ground Beef $4.15 $4.22
Fried Chicken $1.23 $1.39
Milk $2.47 $2.05

Detailed Fairhope Health Costs Vs. Alabama

Item Fairhope Alabama
Haircut $16.6 $18.62
Beauty Salon $36.9 $39.05
Toothpaste $1.84 $2.34

Detailed Fairhope Transportation Costs Vs. Alabama

Item Fairhope Alabama
Potatoes $3.49 $3.29
Pizza $9.81 $10.62
Beer $9.62 $9.38
Optometrist $127.1 $108.57
Doctor $104.19 $116.17
Dentist $107.84 $99.13

Detailed Fairhope Utilities Costs Vs. Alabama

Item Fairhope Alabama
Gasoline $2.01 $2.22
Tire Balancing $48.1 $50.07
All Electricity $164.41 $167.67
Phone $181.81 $175.64

Fairhope SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
6
Diversity
6
Safety
N/A
Amenities
8.5
Education
9
Commute
8

Cost Of Living In Cities Around Fairhope

City Population Cost Of Living Vs. Fairhope
Pensacola, FL 52,918 94 0.9x
Ferry Pass, FL 32,016 95 0.9x
Daphne, AL 26,578 99 0.9x
Pace, FL 21,898 98 0.9x
Brent, FL 21,816 87 0.8x
Prichard, AL 21,618 82 0.8x
Ensley, FL 21,397 91 0.9x
Bellview, FL 21,314 92 0.9x
Foley, AL 19,337 94 0.9x
Myrtle Grove, FL 17,140 87 0.8x

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