Gulf Shores, Alabama gets a BestPlaces Cost of Living index of 94.5, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 5.5 percent lower than the U.S. average and 12.4 percent lower than the average for Alabama.
A typical home costs $439,200, which is 29.9 percent more expensive than the national average of $338,100 and 105.2 percent 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 percent cheaper than the national average of $1,430 and 24.2 percent cheaper than the state average of $940.
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.
Our cost of living indices are based on a US average of 100. An amount below 100 means Gulf Shores is cheaper than the US average. A cost of living index above 100 means Gulf Shores, Alabama is more expensive.
Gulf Shores cost of living is 94.5