Cost of Living in Loxley, AL

With a cost of living index of 102, Loxley, AL is somewhat more expensive than average. Living here is 2% more expensive than the national average and 28% above the Alabama state average of 74. Loxley is a small community of 4,029 residents.

Housing costs are the biggest factor in Loxley's cost of living. The median monthly rent is $1,465 (11% above the US median of $1,319), and the median home value sits at $303,600 (0% below the national median of $304,900). At current prices, the median home costs roughly 3.6x the median household income — a moderately affordable ratio by today's standards.

The median household income in Loxley is $85,250, which is 13% higher than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Loxley. The area sees an average annual temperature of 66°F, with summers averaging 79°F and winters around 52°F. Annual rainfall totals 65.8 inches spread over roughly 0 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Daphne-Fairhope-Foley, AL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.