Cost of Living in Tuscaloosa, AL
Housing
The housing market plays a significant role in determining the cost of living in Tuscaloosa, AL.
- Housing Index: 90.0 / 100
- Median Home Price is: $249,900
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $1000 per month
Considering a move to Tuscaloosa, AL? With a population of and a median age of , the area boasts a youthful demographic. However, the median income of might suggest economic challenges, as 21% of families live below the poverty level. The rate of married families at reflects community stability, while the manageable unemployment rate of indicates job opportunities. Before making your decision, consider both the growth potential and the economic landscape of the region as you weigh your options.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tuscaloosa, 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 Tuscaloosa, 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 Tuscaloosa is a financially viable option for your relocation.