Gulf Shores cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGulf ShoresAlabamaNational
Cost of living index10489100
IndexGulf ShoresAlabamaNational
Goods & Services index9698100
Groceries index10398100
Health care index8885100
Housing index11773100
Transportation index9692100
Utilities index10799100
Here we can see a simple outline of the cost of living in Gulf Shores, AL. As you can see, with the average cost of living in Gulf Shores, AL being 104, that puts it 16% higher than the average of Alabama and 4% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Gulf Shores, AL, the price of goods and services are 2% lower than the average of Alabama as well as 5% lower than the nation's average.

Did you know?

  • The cost of living in Gulf Shores is 16% higher than the Alabama average.
  • The cost of living in Gulf Shores is 4% higher than the national average.
  • The cost of housing in Gulf Shores is 17% higher than the national average.
  • Alabama general sales tax is 21% lower than the national average.
  • Alabama state income tax is 10% lower than the national average.

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Compare Gulf Shores, AL Cost of living To Other Cities

Salary Calculator

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Health care index
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Use the salary calculator to compare your current income in Gulf Shores, AL to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Gulf Shores, AL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Gulf Shores, AL salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$55,472$4,623$1,294$1,664
Renters$35,984$2,999$840$1,080
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Gulf Shores, AL, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Gulf Shores, AL has a median income of about $55,472 for people who own homes. Based on that number, a person should spend a maximum of $1,294 on expenses related to housing. Renters have a slightly different median income, which is $35,984. Based on this average, renters should spend no more than $840 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Alabama Sales Tax

StateGeneral Sales TaxWith Max Surtax
Alabama4%10%

Alabama Income Tax

StateIncome Tax (Low)Income Tax (High)
Alabama2%5%
The Alabama sales tax and Alabama income tax rates should definitely be considered when determining the overall cost of living in Gulf Shores, AL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Alabama sales tax is 4% and the maximum surtax is 10%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Alabama income tax rates range from 2% to 5%.

Goods & Services

ItemGulf ShoresNational avg.Difference
Haircut $13.38$14.598.3%
Beauty Salon $33.88$34.682.3%
Toothpaste $3.04$2.4722.9%
Shampoo $1.04$1.021.8%
Movie $9.75$9.871.2%
Bowling $4.02$4.398.5%

Groceries

ItemGulf ShoresNational avg.Difference
Ground Beef $3.83$4.4814.4%
Fried Chicken $1.47$1.460.4%
Milk $2.61$2.3610.7%
Potatoes $3.72$3.0621.5%
Pizza $8.00$9.2413.4%
Beer $8.82$8.632.2%

Health Care

ItemGulf ShoresNational avg.Difference
Optometrist $94.50$99.785.3%
Doctor $78.60$105.0325.2%
Dentist $79.40$88.7010.5%
Ibuprofen $9.84$9.414.5%
Lipitor $273.56$298.508.4%

Housing

ItemGulf ShoresNational avg.Difference
Home Price $221,600.00$175,700.0026.1%
Avg. Mortgage Payment $832.83$1,081.0323.0%
Apartment Rent $891.00$920.003.2%

Transportation

ItemGulf ShoresNational avg.Difference
Gasoline $1.92$2.098.2%
Tire Balancing $47.96$45.295.9%

Utilities

ItemGulf ShoresNational avg.Difference
All Electricity$188.02$170.8010.1%
Phone $29.01$28.262.7%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Elberta, AL1,47088-12%
Summerdale, AL1,07692-8%
Foley, AL15,42895-5%
Perdido Beach, AL55097-3%
Magnolia Springs, AL7661033%
Gulf Shores, AL10,5231044%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Little Chute, WI10,52094-6%
Burlington, WI10,52899-1%
Union, MO10,51793-7%
Lincoln Park, NJ10,51513232%
Canandaigua, NY10,53299-1%
Gulf Shores, AL10,5231044%
Source: The Gulf Shores, AL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.