Cost of Living in Phenix city, AL
Housing
The housing market plays a significant role in determining the cost of living in Phenix city, AL.
- Housing Index: 90.0 / 100
- Median Home Price is: $205,000
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $960 per month
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.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Phenix 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 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 Phenix city is a financially viable option for your relocation.