Cost of Living in Sterrett, AL
Housing
The housing market plays a significant role in determining the cost of living in Sterrett, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: $310,000
- Average Rent (2 BR Apartment): $1372 per month
- Average Rent (2 BR House): $1491 per month
Based on the data for Sterrett, AL, the housing index is currently at a stagnation point of 86.8, indicating potential market volatility. The median home price stands at a competitive 310000, appealing for buyers who seek either an investment opportunity or a new home. However, the absence of crucial rent data for both the 2BR apartment and house suggests a gap in understanding neighborhood affordability. Prospective residents must consider additional factors such as local amenities, schools, and job markets. A thorough analysis will aid in making an informed decision about moving to this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sterrett, 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 Sterrett, 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 Sterrett is a financially viable option for your relocation.