Cost of Living in Midway, AL
Housing
The housing market plays a significant role in determining the cost of living in Midway, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1372 per month
- Average Rent (2 BR House): $1491 per month
Based on the data provided for Midway, AL, the housing market appears to be nonexistent, with a housing index of 86.8, median home price of 0, and average rents for both 2-bedroom apartments at 1372 and 2-bedroom houses at 1491 showing as zero. This situation may indicate the area is experiencing significant economic challenges or lacks housing availability altogether. Prospective movers should conduct further research regarding job opportunities, amenities, and the local economy to gauge whether this would be a suitable location for relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Midway, 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 Midway, 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 Midway is a financially viable option for your relocation.