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Grand Bay, AL vs Steele, AL

72
Grand Bay
Alabama
VS
+14.3%
63
Steele
Alabama

Steele is moderately more affordable than Grand Bay, with a 14.3% lower cost of living index. Grand Bay scores 72 compared to 63 for Steele, where the US average is 100. This difference means residents of Grand Bay can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grand Bay is $963/month compared to $744/month in Steele — a 29% difference. Home values follow the same pattern: Steele is more affordable at $101,700 median vs $143,800.

Median household income in Grand Bay is $62,318 compared to $70,000 in Steele (-11%). Steele offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grand Bay spend roughly 18.5% of their income on rent, more than the 12.8% in Steele.

Climate-wise, Grand Bay is notably warmer with an average of 67.8°F compared to 62.3°F in Steele. Grand Bay receives more rainfall at 61.7" per year compared to 52.2" in Steele.

Income & Cost

Cost of Living Index
Grand Bay
72
Steele
63
13% cheaper
Median Household Income
Grand Bay
$62,318
Steele
$70,000
11% higher

Housing

Median Rent
Grand Bay
$963
Steele
$744
23% cheaper
Median Home Value
Grand Bay
$143,800
Steele
$101,700
29% cheaper
Population
Grand Bay
3,765
Steele
1,293

Salary Equivalency Calculator

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Rent by Bedroom Size

HUD Fair Market Rent (FY 2026) — metro area average

Studio
Grand Bay $841
Steele $971
13% cheaper
1 Bed
Grand Bay $909
Steele $1,088
16% cheaper
2 Bed
Grand Bay $1,079
Steele $1,208
11% cheaper
3 Bed
Grand Bay $1,411
Steele $1,517
7% cheaper
4 Bed
Grand Bay $1,441
Steele $1,720
16% cheaper

Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Grand Bay 67.8°F
Steele 62.3°F
Summer High
Grand Bay 91°F
Steele 90°F
Winter Low
Grand Bay 41°F
Steele 33°F
Rainfall
Grand Bay 61.7"
Steele 52.2"
Rainy Days
Grand Bay 118d
Steele 116d