Cost of Living in Winfield, AL
Housing
The housing market plays a significant role in determining the cost of living in Winfield, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: $257,500
- Average Rent (2 BR Apartment): $1372 per month
- Average Rent (2 BR House): $1491 per month
Considering moving to Winfield, AL? Currently, the housing index stands at 86.8, indicating a potentially favorable market for homebuyers. The median home price is relatively affordable at 257500, making it an attractive option compared to national averages. However, absent data on average rents for 2-bedroom apartments and houses might suggest a limited rental market. Remember, factors such as local amenities, school quality, and overall cost of living also play crucial roles in your decision. Explore carefully to understand if this destination aligns with your homeownership or leasing goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Winfield, 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 Winfield, 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 Winfield is a financially viable option for your relocation.