Cost of Living in Jasper, AL
Housing
The housing market plays a significant role in determining the cost of living in Jasper, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: $205,000
- Average Rent (2 BR Apartment): $1372 per month
- Average Rent (2 BR House): $1491 per month
Analyzing the data for Jasper, AL, we find a housing index of 86.8, suggesting affordability relative to national averages. The median home price of 205000 presents an entry-point for prospective homeowners, especially given that rents for a 2BR apartment average 1372 and for a 2BR house are around 1491. Consider the long-term benefits of homeownership versus renting. Additionally, with its growing real estate market, Jasper could offer good investment potential in the future, making it a worthy option for relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Jasper, 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.): $210 per month
Living in Jasper, 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 $210 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 Jasper is a financially viable option for your relocation.