Cost of Living in Hollywood, AL
Housing
The housing market plays a significant role in determining the cost of living in Hollywood, AL.
- Housing Index: Data is updating
- Median Home Price is: $264,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Hollywood, AL? The current housing index stands at 0.0, indicating a potentially competitive market influenced by the median home price of 264000. Although both average rent prices for a 2-bedroom apartment and house are not provided, typically, lower home prices attract renters opting for more affordable living arrangements. Keep in mind, city amenities, schools, and job opportunities can also significantly impact overall living expenses. Analyzing these aspects will aid in making a well-rounded decision regarding your relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hollywood, 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 Hollywood, 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 Hollywood is a financially viable option for your relocation.