Cost of Living in Valley, AL
Housing
The housing market plays a significant role in determining the cost of living in Valley, AL.
- Housing Index: 70.0 / 100
- Median Home Price is: $203000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $850 per month
Considering a move to Valley, AL? With a housing index of 70.0, this location presents a relatively affordable living environment. The median home price of 203000 is promising compared to national averages, suggesting good investment potential. Rentals are reasonable, with an average rent of 800 for a 2-bedroom apartment and 850 for a house. It's important to consider additional factors like job market health and local amenities, but time here could offer affordability and opportunities for growth, perfect for both families and singles alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Valley, 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 Valley, 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 Valley is a financially viable option for your relocation.