Cost of Living in Elkmont, AL
Housing
The housing market plays a significant role in determining the cost of living in Elkmont, AL.
- Housing Index: Data is updating
- Median Home Price is: $210,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In Elkmont, AL, the housing index stands at 0.0, indicating a potential shift in the housing market. The median home price is currently affordable at 210000, making it an attractive option for potential homebuyers looking for financial stability. However, the absence of data for rental prices (both for 2BR apartments and houses) reflects either a lack of rental market activity or a strong ownership trend in this community. Before making a decision, consider job opportunities, local amenities, and community services to ensure a well-rounded choice for your move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Elkmont, 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.): Data is updating
Living in Elkmont, 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 data unavailable 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 Elkmont is a financially viable option for your relocation.