Cost of Living: Birmingham, AL vs Alcoa, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Birmingham | Alcoa |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $193,000 | $262,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Birmingham vs Alcoa
- The median home price in Alcoa is higher at $262,000, compared to $193,000 in Birmingham.
- The rent for a two-bedroom apartment is equal in both Birmingham and Alcoa at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Birmingham | Alcoa |
|---|---|---|
| Electricity Price | $15.03 | $12.57 |
| Natural Gas Price | $21.76 | $12.35 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Birmingham vs Alcoa
- Electricity costs are higher in Birmingham at $15.03 per kWh, compared to $12.57 in Alcoa.
- Natural gas is more expensive in Birmingham at $21.76 per unit, while it is cheaper at $12.35 in Alcoa.
- Utility expenses are equal in both Birmingham and Alcoa averaging $200.