Cost of Living in Moundville, AL
Housing
The housing market plays a significant role in determining the cost of living in Moundville, AL.
- Housing Index: 92.5 / 100
- Median Home Price is: $220,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $900 per month
When considering a move to Moundville, AL, the housing data suggests a balanced affordability index of 92.5. With a median home price of 220000 and the average rent for a 2-bedroom apartment at 800, coupled with an average rent for a 2-bedroom house at 900, this area presents opportunities for renters and buyers alike. Notably, a housing index of 92.5 indicates that costs are slightly below the national average, further enhancing its appeal for potential new residents seeking reasonable living options.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Moundville, 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.): $180 per month
Living in Moundville, 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 $180 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 Moundville is a financially viable option for your relocation.