Cost of Living in Moulton, AL
Housing
The housing market plays a significant role in determining the cost of living in Moulton, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: $235,000
- Average Rent (2 BR Apartment): $1372 per month
- Average Rent (2 BR House): $1491 per month
Considering a move to Moulton, AL? With a 86.8 housing index of 0.0, housing affordability could be favorable compared to larger metros. The median home price of 235000 combined with no current rental costs for 2-bedroom apartments and houses suggests potential for significant personal investment or homeownership opportunities in the area. Keep in mind, the lack of rental data might indicate either a very affordable housing market or unique local circumstances; researching the local economy and amenities will further solidify your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Moulton, 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 Moulton, 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 Moulton is a financially viable option for your relocation.