Cost of living in Florence
Florence, Alabama, offers a unique blend of Southern charm and modern amenities. Understanding the cost of living in this city is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in Florence, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $13.5 on average, with a range between $10 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $45, with prices ranging from $30 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $9 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $8, imported beer $5 to $10, cappuccino $3.5 to $8, and Coke/Pepsi $1.09 to $4.
Grocery Prices
- Milk - Milk is priced between $0.76 and $1.16 per liter, averaging $0.95.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.42 and $4.41, with an average price of $2.49.
- Eggs (Dozen) - A dozen eggs range from $1.87 to $6, averaging $3.5.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $11.02 per kg, while oranges range from $2.18 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $8.77 per kg, and lettuce costs $1.33 to $2.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.72 and $0.97 per liter.
- Taxi Fares - Taxi fares start at $2, with a cost of $1.37 per km and $20 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $650.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $450.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $900.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $750.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100.64 and $350, averaging $200.32.
- Internet - Internet services range from $45 to $266, with an average cost of $47.5.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Florence, AL, offers a relatively affordable cost of living compared to larger cities. Dining out is reasonably priced, and grocery costs are moderate.
Housing is particularly affordable, with rental prices significantly lower than national averages, especially outside the city centre.
Transportation costs are manageable, with low fuel prices and reasonable taxi fares. Utilities and internet services are also competitively priced.
Conclusion
Overall, Florence, AL, presents an attractive option for those seeking a balance between cost and quality of life. The city offers affordable housing, reasonable dining and grocery prices, and manageable transportation costs.
Potential residents will find that their money goes further in Florence, making it an appealing choice for families, retirees, and young professionals alike.