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Banks, AL vs Gulfcrest, AL

88
Banks
Alabama
VS
-7.9%
96
Gulfcrest
Alabama

Banks is moderately more affordable than Gulfcrest, with a 7.9% lower cost of living index. Banks scores 88 compared to 96 for Gulfcrest, where the US average is 100. This difference means residents of Gulfcrest can expect to pay noticeably more for everyday expenses, housing, and services.

Median household income in Banks is $49,773 compared to $63,875 in Gulfcrest (-22.1%). While Gulfcrest is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Gulfcrest is notably warmer with an average of 67.6°F compared to 64.5°F in Banks. Gulfcrest receives more rainfall at 67.1" per year compared to 54.6" in Banks.

Income & Cost

Cost of Living Index
Banks
88
8% cheaper
Gulfcrest
96
Median Household Income
Banks
$49,773
Gulfcrest
$63,875
22% higher

Housing

Median Rent
Banks
$1,057
Gulfcrest
Median Home Value
Banks
Gulfcrest
Population
Banks
298
Gulfcrest
105

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Banks
Gulfcrest $2.90
US $3.07
🥚
Eggs (grade A, large)
Banks
Gulfcrest $2.37
US $2.50
🥛
Milk (whole)
Banks
Gulfcrest $3.81
US $4.03
🍞
Bread (white)
Banks
Gulfcrest $1.75
US $1.85
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Chicken breast
Banks
Gulfcrest $3.92
US $4.14
Electricity
Banks
Gulfcrest $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Banks 64.5°F
Gulfcrest 67.6°F
Summer High
Banks 90°F
Gulfcrest 91°F
Winter Low
Banks 37°F
Gulfcrest 41°F
Rainfall
Banks 54.6"
Gulfcrest 67.1"
Rainy Days
Banks 0d
Gulfcrest 117d