Cost of Living in Fairhope, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
139.7
100 = national avg
+39.7 vs national average
Living Wage (1 Adult)
$61,485
per year
Living Wage (Family of 4)
$145,328
per year
Cost Index by Category
Housing178.7
Food116.1
Transportation107.5
Healthcare112.9
Utilities125.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,200
per month
2 Bedroom
$1,345
per month
The overall cost of living index in Fairhope is 139.7, which is 39.7% above the national average. Housing costs are above the national average at an index of 178.7. A single adult needs to earn approximately $61,485 per year to cover basic expenses.