Cost of Living in Rainsville, AL
Housing
The housing market plays a significant role in determining the cost of living in Rainsville, 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, it seems that Rainsville, AL might not have a thriving real estate market at this time, with a housing index of 86.8, and nonexistent values for median home prices and average rents for both 2-bedroom apartments and houses. This could suggest a lack of available properties or a demographic shift away from the area. Before making a decision to move, it's advisable to consider the long-term economic outlook of Rainsville, review local employment opportunities, and think about future potential housing market growth.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rainsville, 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 Rainsville, 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 Rainsville is a financially viable option for your relocation.