Cost of Living in Auburn, AL

Housing

The housing market plays a significant role in determining the cost of living in Auburn, AL.

• Housing Index: 90.0 / 100
• Median Home Price is: $299000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1240 per month

When considering a move to Auburn, AL, the local housing market demonstrates some inviting features. With a housing index of 90.0, it suggests affordable options relative to national norms. A median home price of 299000 indicates a potentially attainable dream for homeowners. Additionally, average rents for a 2-bedroom apartment and house stand at 1200 and 1240, respectively, providing rental flexibility. However, consider amenities, community, and employment opportunities in your final decision, as these factors will greatly influence your overall satisfaction in your new home.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Auburn, 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.): $200 per month

Living in Auburn, 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 200 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 95.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $55509

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Auburn, AL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.