The Cost of Living in Foley, AL: Is It Affordable?

How much do monthly expenses in Foley, Alabama, typically run? Individuals in Foley, Alabama, can expect to spend an average of $1,938 a month on housing. Costs such as rental, groceries, transportation, and electricity are all accounted for in this total.

Although Foley, Alabama, has a lower cost of living than many of its coastal counterparts, prospective renters and homeowners should still budget for several important factors.

This article looks at the housing, food, transportation, and healthcare costs that make up a significant portion of Foley's overall cost of living. We will also consider how income and the economy might affect how expensive a place like this city is to live in.

Cost of Living Index in Foley, AL

Foley has an 86.5 cost of living index. This indicates that, with a constant rating of 100, utilities, transportation, and groceries are all reasonable and comparable to the national average. The cost of living index for housing is only 73.6, which makes it somewhat affordable.

This makes Foley an attractive option for people searching for a small town to raise a family or retire because of the reasonable cost of living there. The only sector where the cost of living index exceeds the national average is healthcare, at 115.5. Foley is an excellent spot to call home if you're on a tight budget because of its low cost of living.

Cost of Living Expenses in Foley, AL

Rent, utilities, food, and transportation all add up to an average monthly expense of $1,938 in Foley.

The monthly cost of living in Foley is less than in most other Alabama communities, making it an attractive option for low-income families and individuals. Foley has relatively affordable housing, with the median home price being about $291,500 and the average one-bedroom apartment renting for $988 per month.

Healthcare expenses average $294 monthly, while monthly transportation charges for a local ticket are $57.10. A monthly average of $530 is spent on groceries, which is a little less.

The average monthly cost of daycare is between $500 and $951; however, this can vary widely based on the child's age and the level of care required. Gas is relatively inexpensive in Foley, with an average price of slightly over $1.24 per liter. Lastly, the average cost of a movie ticket is $11.4.

Is Foley, Alabama a Good Place to Live?

For many reasons, Foley is an excellent location for a new home. Neighborhoods here are known for their strong sense of community, and the city is known for its abundance of fun things to do. Foley is a beautiful spot for families to settle down since it is a secure neighborhood with excellent schools and a wide variety of employment options.

Numerous lovely communities can be found in and around Foley, Alabama, each with unique appeal. The neighborhood of Hidden Lakes is a tranquil haven with towering trees and winding streets. The homes in Grey Stone are modern and sleek, and the lawns are always well-kept.

With three championship courses and a clubhouse that looks out over the greens, Glenlakes is a golfer's dream. The neighborhood of Cypress Gates is well-known for its warm residents, tree-lined streets, and white fences. Bay Forest Estates is a gated community of high-end residences in a beautiful forest setting.

How Do People Live and Make a Living in Foley?

Locals can find work at various establishments in the city of Foley, Alabama, from mom-and-pop stores to multinational corporations. There are many museums and art galleries in town, including the Baldwin Museum Foundation and the Foley Art Center.

Foley is home to numerous institutions and organizations, including the Baldwin County School District, Foley Utilities, the South Baldwin Chamber of Commerce, the South Baldwin Regional Medical Center, Gulf Coast Health Care, and Perdido Beach Resort.

All these companies and organizations work together to give the people of Foley access to various employment opportunities.

Feel free to contact us immediately if you're interested in receiving the same assistance we've provided to others. We look forward to getting in touch with you as soon as possible.