Cost of Living in Albia, IA
Housing
The housing market plays a significant role in determining the cost of living in Albia, IA.
- Housing Index: Data is updating
- Median Home Price is: $161,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Albia, IA, keep in mind the favorable median home price of 161000. However, the housing index indicates a score of 0.0—a sign that affordability may be an issue. Additionally, the absence of rental figures for a 2-bedroom apartment and house suggests limited availability in these options, impacting your decision-making process. It's crucial to consider local employment opportunities and amenities in this market before making a commitment, ensuring that you choose a community that meets your needs while also being financially feasible.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Albia, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Albia, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Albia is a financially viable option for your relocation.