Cost of Living in Gordo, AL
Housing
The housing market plays a significant role in determining the cost of living in Gordo, AL.
- Housing Index: Data is updating
- Median Home Price is: $184000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Gordo, AL, it’s important to delve into the local housing landscape. The housing index being at 0.0 indicates a currently stagnant market. However, with a median home price of 184000, homeownership may present an affordable option. Comparatively, the average rent for a 2-bedroom apartment is 0.0, and a similar house averages 0.0. This suggests rental options might not be as attractive versus investing in property. Additionally, you might want to research local amenities and job opportunities, which significantly affect your living experience and home appreciation potential in the long term.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Gordo, 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 Gordo, 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 Gordo is a financially viable option for your relocation.