Cost of Living in Vernon, AL
Housing
The housing market plays a significant role in determining the cost of living in Vernon, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: $169,000
- Average Rent (2 BR Apartment): $1372 per month
- Average Rent (2 BR House): $1491 per month
Considering a move to Vernon, AL? The current housing data suggests a moderate situation: with a median home price of 169000, it's a potentially affordable option for home buyers looking for stability. However, it’s important to note the lack of available rental prices for both apartments and houses, indicated by their averages being 1372 and 1491 respectively, which may suggest limited rental availability or market stagnation. Always consider factors like local amenities, job opportunities, and community culture when making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Vernon, 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 Vernon, 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 Vernon is a financially viable option for your relocation.