Cost of Living in Woodstock, AL
Housing
The housing market plays a significant role in determining the cost of living in Woodstock, AL.
- Housing Index: 86.8 / 100
- Median Home Price is: $235,000
- Average Rent (2 BR Apartment): $1372 per month
- Average Rent (2 BR House): $1491 per month
Based on the data provided for Woodstock, AL, the housing market remains relatively affordable with a median home price of 235000. However, both the housing index and rental prices for a 2-bedroom apartment and house are absent, making it challenging to assess the overall rental market. It's essential to investigate trends like inventory levels and neighborhood demographies, as a low housing index might imply limited availability. Consider additional facets, such as local amenities and job market conditions, to make a well-rounded decision on 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 Woodstock, 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 Woodstock, 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 Woodstock is a financially viable option for your relocation.