Cost of Living in Albertville, AL
Housing
The housing market plays a significant role in determining the cost of living in Albertville, AL.
- Housing Index: 79.0 / 100
- Median Home Price is: $276000
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $1000 per month
Considering a move to Albertville, AL? The housing index of 79.0 indicates a relatively affordable market compared to national averages. With a median home price of 276000, purchasing a home could be a viable option, especially when juxtaposed with the average rent of 950 for a 2-bedroom apartment or 1000 for a 2-bedroom house. Such affordability may appeal to first-time homebuyers seeking homeownership. Moreover, keep in mind that local amenities, job opportunities, and overall lifestyle can significantly impact your decision. Make sure to leverage this data in your planning!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Albertville, 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.): $210 per month
Living in Albertville, 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 210 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 Albertville is a financially viable option for your relocation.