Cost of Living in Boaz, AL
Housing
The housing market plays a significant role in determining the cost of living in Boaz, AL.
- Housing Index: 85.0 / 100
- Median Home Price is: $189,000
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $1200 per month
Considering a move to Boaz, AL? With a population of and a median age of , this city likely offers a vibrant community life. The median income of and a poverty level at % suggest a moderate economic landscape. Notably, with 35.0% of families being married, the area may prioritize stable family environments. Additionally, an unemployment rate of % indicates a healthy job market, improving stability for potential residents. Overall, it's a promising option worth serious consideration for those looking to relocate.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Boaz, 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 Boaz, 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 Boaz is a financially viable option for your relocation.