Cost of Living in Talladega, AL
Housing
The housing market plays a significant role in determining the cost of living in Talladega, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: $165,000
- Average Rent (2 BR Apartment): $969 per month
- Average Rent (2 BR House): $1053 per month
Considering the data for Talladega, AL, the housing index stands at 86.8, indicating a relatively affordable market compared to national averages. With a median home price of 165000, purchasing a home here may be a viable option for first-time buyers. Meanwhile, renting options are also reasonable, with the average rent for a 2-bedroom apartment at 969 and a house at 1053. Additionally, shorter commutes and a growing job market could further enhance your living experience in this area. Careful consideration of these factors will aid 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 Talladega, 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 Talladega, 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 Talladega is a financially viable option for your relocation.