Cost of Living in Russellville, AL
Housing
The housing market plays a significant role in determining the cost of living in Russellville, AL.
- Housing Index: 90.0 / 100
- Median Home Price is: $189,000
- Average Rent (2 BR Apartment): $900 per month
- Average Rent (2 BR House): $920 per month
Considering a move to Russellville, AL? The housing index is a relatively low 90.0 indicating that affordability is above average. The median home price of 189000 suggests that purchasing property could be feasible, especially for first-time homebuyers. Additionally, average rents for a 2-bedroom apartment and house are set at 900 and 920 respectively, showing rental options are accessible. Overall, relocating to Russellville presents a balanced market for both renting and buying, enhanced by the community and local amenities often on offer in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Russellville, 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.): $250 per month
Living in Russellville, 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 $250 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 Russellville is a financially viable option for your relocation.