Affordability is often one of the critical factors when considering a move to a new town or city. For many renters and homeowners, the monthly cost of living can make or break their decision to stay in one place or look for somewhere new.
So, what does it cost to live in Foley, Alabama? It costs an average of $1,938 per month to live in Foley, Alabama as a single person. This amount includes rent, food, transportation, and utilities.
While the cost of living in Foley, Alabama is relatively affordable compared to other coastal cities, there are still some significant expenses that renters and homeowners must consider when making a decision.
This article examines some of the main expenses influencing living costs in Foley, including housing, food, transportation, and healthcare costs. We will also consider other factors that can impact affordability in this city, such as income levels and economic conditions.
Cost of Living Index in Foley, AL
The cost of living index measures the relative cost of living in different cities. It is calculated by comparing the prices of goods and services across cities. It can be used to compare the cost of living in different states or countries.
The cost of living index in Foley is 86.5. This means that groceries, transportation, and utilities are all affordable and relevant to the national average, with a constant index of 100. Housing is quite affordable, too, with a cost of living index of just 73.6.
This makes Foley a great place to live for families and individuals looking for a small town with a low cost of living. Only healthcare has the highest cost of living index, at 115.5, which is higher than the national average. But, overall, the cost of living in Foley is very reasonable, making it a great place to live for those on a budget.
Cost of Living Expenses in Foley, AL
The average cost of living in Foley is $1,938 for one person, including rent, utilities, food, and transportation for one month.
This average monthly overall cost is lower than living in other cities in Alabama, making Foley a great place to live for those on a budget. The cost of housing in Foley is very reasonable, with the average rent for a one-bedroom apartment being $988 while the median home value is $291,500.
Healthcare costs an average of $294 per month, while transportation costs an average of $57.10 per month for a local ticket. Groceries are slightly less expensive, averaging $530 per month.
Daycare costs can vary greatly depending on the child’s age and the type of care required, but they typically range from $500 to $951 per month. Gas prices in Foley are relatively low, averaging just over $1.24 per liter. Finally, movie tickets cost an average of $11.4 each.
|Basic Expenses||Average Cost|
|Average Rent||$988 per month|
|Median Home Value||$29,500|
|Healthcare||$294 per month|
|Transportation||$57.10 per month|
|Groceries||$530 per month|
|Daycare||$500 to $951 per month|
|Gas||$1.24 per liter|
|Movie Tickets||$11.40 each|
Is Foley, Alabama a Good Place to Live?
Foley is an excellent place to live for several reasons. The city is notable for its close-knit neighborhoods and its many recreational opportunities. Foley is also a great place to live for families because it is a safe community with good schools and many job opportunities.
One of the most popular attractions in Foley is the OWA Park Resort, which features an amusement park, a water park, and a beach. The Foley Kids Park is another popular destination for families. It features a playground, a splash pad, and a picnic area.
Foley, Alabama, is home to various beautiful neighborhoods, each with its unique charm. Hidden Lakes is a peaceful community nestled among tall trees and winding paths. Grey Stone is a stylish neighborhood with elegant homes and manicured lawns.
Glenlakes is a golfer’s paradise, with three championship courses and a clubhouse overlooking the fairways. Cypress Gates is a friendly community with crisp white fences and tree-lined streets. Also, Bay Forest Estates is a private enclave of luxury homes surrounded by lush vegetation.
How Do People Live and Make a Living in Foley?
The city of Foley is home to various businesses that employ its residents, from mom-and-pop shops to large companies. Many of the businesses in Foley are family-owned and have been passed down for generations. The town is also home to several art galleries like Foley Art Center, and museums such as the Baldwin Museum Foundation.
Companies with a significant presence in Foley include Gulf Coast Health Care, Perdido Beach Resort, South Baldwin Chamber of Commerce, South Baldwin Regional Medical Center, Foley Utilities, and the Baldwin County School District.
Together, these employers provide a diverse range of jobs for Foley’s citizens.
Frequently Asked Questions
Things you need to pay for the most include housing, utilities, food, transportation, and healthcare. Finally, remember to budget for clothing and entertainment. While there are plenty of affordable options in Foley, it’s still important to factor in your grocery bill and occasional nights out.
The cheapest places to live in Foley include Ashland Place, Glenlakes Golf Club, Cypress Gates Golf Club, and Bay Forest Estates.
Most families in Foley, AL live in single-family homes. The average home in Foley costs $1,604 per square feet, and features three bedrooms and two bathrooms.
The median home value in Foley is $291,500, and the median household income is $43,202. Families in Foley tend to be large, with an average of 3.1 people per household. Consequently, Foley has a homeownership rate of 72%.
You’ll need access to fresh water, food, and shelter to survive in Foley, Alabama. While you can find all of these things in nature, it’s generally easier to obtain them through modern conveniences.
For instance, you’ll likely want to live near a grocery store so that you can buy food, and you’ll need a safe place to sleep at night. A house or apartment will do nicely; as long as you have the essentials taken care of, you should be able to survive quite comfortably in Foley, Alabama.
The city has a low violent crime rate, and the property crime rate is about average for US cities. In addition, Foley has a low unemployment rate and a high median household income, both indicative of a healthy economy.
Finally, the city has low poverty and high homeownership rates, both expressive of a stable community. Overall, Foley appears to be a safe and prosperous city with a strong sense of community.
Yes, there are many opportunities for growth in Foley. The city has a high median household income and a low unemployment rate, indicating that jobs are available and people can afford to spend money.
In addition, Foley is home to several major companies, including Foley Sausage Company and Decks and Docks Lumber Company. Foley offers opportunities for growth and success with a strong economy and a thriving business community.
One popular option is the OWA Theater, which hosts various events, including live music and comedy shows.
Another option is the Foley Sports Tourism complex, which features a variety of sports facilities, including golf courses and bowling alleys. Finally, you can check out nearby parks like Bon Secour National Wildlife Refuge and Little Lagoon for scenic views and affordable entertainment.
If you’re looking for fresh seafood, you can check out Captain’s Table Restaurant, where you’ll find some of the best seafood in the area at affordable prices.
If you’re looking for a great place to live and grow, I recommend Foley, Alabama. This vibrant city is home to excellent schools, a thriving economy, and plenty of opportunities for work and recreation. Whether raising a family or starting your career, Foley is sure to be the perfect place for you.
Foley, AL is indeed an amazing place to live, and very affordable, too. If you’re considering moving to this city, we’ll be glad to help! We can help you navigate through the confusion so that you can discover the perfect home for you and your family.
For us, real estate is all about community, guidance, and generosity. Essentially, our team exists to make people’s lives better. It is our goal to cultivate community and connection with our clients through not only guidance but also education, respect, and transparency.
If you would like us to render the same service to you, contact us today. We look forward to hearing from you soon!