Housing costs in Gulf Shores?
A typical home costs
$439,200, which is 29.9% more expensive than the national average of
$338,100 and 105.2% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Gulf Shores costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and 24.2% more than the state average of
$940.
Can I afford Gulf Shores?
To live comfortably in Gulf Shores, Alabama, a minimum annual income of
$84,240 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Gulf Shores?
Gulf Shores, AL is known for its affordable cost of living. The cost of living index in Gulf Shores is about 13% lower than the national average and 12% lower than the state average. Even with a lower than average cost of living, residents still have access to everything they need to live comfortably. Groceries, housing, utilities and other necessities are all reasonably priced. In addition, there are a variety of restaurants and entertainment options in the area that provide additional value for locals. All in all, Gulf Shores offers an appealing combination of affordability and quality of life.