Cost of Living in Montevallo, AL
Housing
The housing market plays a significant role in determining the cost of living in Montevallo, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1720 per month
- Average Rent (2 BR House): $1870 per month
Considering a move to Montevallo, AL? It's essential to note the housing index stands at 86.8, with a median home price currently at 0. While the reported average rent for a 2BR apartment and house is both 1720 and 1870 respectively, these figures suggest a significant absence of rental units in the area. Track local employment trends and amenities, as the housing market can change rapidly, impacting affordability and availability. Exploring nearby towns may also provide better options. Doing thorough research can assist in your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Montevallo, 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 Montevallo, 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 Montevallo is a financially viable option for your relocation.