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: $242,000
- 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 Bay minette is a financially viable option for your relocation.