Cost of Living in Pell city, AL

Housing

The housing market plays a significant role in determining the cost of living in Pell city, AL.

• Housing Index: 75.0 / 100
• Median Home Price is: $248000
• Average Rent (2 BR Apartment): $900 per month
• Average Rent (2 BR House): $960 per month

Considering a move to Pell city, AL? The current housing index stands at 75.0, suggesting a moderately affordable housing market. With a median home price of 248000, it offers a more accessible option for homebuyers compared to larger metropolitan areas. Rentals are also reasonable, with average rents for a 2-bedroom apartment at 900 and a house at 960. This balance of purchasing and renting could attract many families and young professionals seeking to settle in a promising community. Evaluate these factors in relation to your budget and lifestyle for an informed decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pell city, 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 Pell city, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 85.4

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $71027

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Pell city, AL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.