The housing market plays a significant role in determining the cost of living in Phenix city, AL.
Based on the data, Phenix city, AL has a population of and a median age of , suggesting a relatively young demographic that may appeal to families and professionals alike. The median income sits at , indicating a moderate economic status, while a poverty level of highlights potential economic challenges. With married families representing % of households and an unemployment rate of %, the area appears stable yet requires cautious consideration for job security and community services. Overall, Phenix city could be a worthwhile option for those searching for growth opportunities.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Phenix city, AL.
Living in Phenix 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Phenix city, AL, consider the following factors: