Cost of Living in Bay minette, AL

Housing

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

• Housing Index: 85.0 / 100
• Median Home Price is: $242000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1360 per month

If you’re considering relocating to Bay minette, AL, the provided housing data reveals a housing index of 85.0. This suggests affordability, with a median home price of 242000—well below the national average. Average rents for a 2-bedroom apartment and house are 1200 and 1360, respectively, providing reasonably priced options for renters. This blend of affordability and options could make Bay minette an attractive destination for those looking to balance cost with living quality. With the housing market shifting, it's wise to assess local amenities and job opportunities as well.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bay minette, 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 Bay minette, 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 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: 90.5

Median Income

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

• Median Income: $36899

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.

• Click here for more information

Summary

When considering a move to Bay minette, 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.