Cost of Living in Red level, AL
Housing
The housing market plays a significant role in determining the cost of living in Red level, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: $207,500
- Average Rent (2 BR Apartment): $1372 per month
- Average Rent (2 BR House): $1491 per month
Considering a move to Red level, AL? The current housing index suggests a stable market, particularly with a median home price of 207500. While data shows no current costs for renting 2-bedroom apartments or houses, prospective buyers might find this an advantageous time to purchase, as home values can often appreciate. Research suggests staying updated on emerging developments in the area that may affect the market. Your decision to invest in a home here could position you well compared to fluctuating rents in larger metropolitan areas.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Red level, 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 Red level, 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 Red level is a financially viable option for your relocation.