Cost of Living in Thorsby, AL
Housing
The housing market plays a significant role in determining the cost of living in Thorsby, AL.
- Housing Index: 90.0 / 100
- Median Home Price is: $180,000
- Average Rent (2 BR Apartment): $960 per month
- Average Rent (2 BR House): $1280 per month
When considering moving to Thorsby, AL, the housing index of 90.0 suggests it's more affordable than many U.S. cities. With a median home price of 180000, buying a home could be a solid investment, especially seeing that the average rent for a 2-bedroom apartment is 960 and a house is 1280. This presents an opportunity for savings compared to renting. Additionally, consider factors like local schools, job opportunities, and community amenities that can affect your overall quality of life.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Thorsby, 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.): $220 per month
Living in Thorsby, 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 $220 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 Thorsby is a financially viable option for your relocation.