Cost of Living in Spruce pine, AL
Housing
The housing market plays a significant role in determining the cost of living in Spruce pine, AL.
- Housing Index: Data is updating
- Median Home Price is: $147,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Spruce pine, AL? The housing data reveals a thriving market, with a median home price of 147000. While the housing index currently indicates a neutral 0.0 and rental averages for both 2BR apartments and houses remain unavailable, it hints at potential opportunity for buyers looking to invest without exorbitant rental costs. This can underscore a significant advantage for families seeking stability over the long term in this promising location. Keep in mind that regional amenities and employment opportunities could further enhance the area's appeal.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Spruce pine, 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 Spruce pine, 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 Spruce pine is a financially viable option for your relocation.