Cost of Living in Alexander city, AL
Housing
The housing market plays a significant role in determining the cost of living in Alexander city, AL.
- Housing Index: Data is updating
- Median Home Price is: $196,500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the housing data for Alexander city, AL, we find a housing index of 0.0, indicating potential challenges in affordability. The median home price stands at 196500, which suggests purchase opportunities may exist at a competitive value. However, the absence of values for average rent—both for a 2BR apartment at 0.0 and a 2BR house at 0.0—could hint at a market imbalance or recent fluctuations. It's essential to consider local job markets and amenities when deciding on a move, as these factors significantly influence long-term satisfaction in a new location.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Alexander city, AL.
- Electricity Price: $15.03 USD (median by state)
- Natural Gas Price: $21.76 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Alexander city, AL could entail higher utility costs. Electricity costs sit at $15.03, while natural gas is priced at $21.76 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 Alexander city is a financially viable option for your relocation.