Cost of living in Hamilton
Hamilton, Alabama, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Hamilton is crucial for anyone considering a move to this city.
This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18 on average, with a range between $13 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $60 to $140.
- 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 $3.5 to $9, imported beer $5 to $11.5, cappuccino $4.5 to $10, and Coke/Pepsi $2 to $5.
Grocery Prices
- Milk - Milk is priced between $0.79 and $1.58 per liter, averaging $1.09.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $5.51, with an average price of $3.86.
- Eggs (Dozen) - A dozen eggs range from $1.89 to $6, averaging $3.33.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.18 to $11.02 per kg, while oranges range from $1.52 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.21 and $4.41 per kg, and lettuce costs $1.25 to $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.73 and $0.95 per liter.
- Taxi Fares - Taxi fares start at $5, with a cost of $1.55 to $2.8 per km and $21 to $50 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $30,000 and $36,916.9, while a Toyota Corolla ranges from $26,000 to $32,000.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost ranges from $765 to $2200, averaging $1253.
- International Primary School, Yearly for 1 Child - The cost ranges from $17,000 to $24,000, averaging $20,500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $113.33 and $280, averaging $171.42.
- Internet - Internet services range from $55 to $120, with an average cost of $72.18.
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"
Hamilton, AL, offers a moderate cost of living with affordable dining and grocery options.
Transportation costs are reasonable, especially for gasoline, though car purchases can be a significant expense.
Utilities and internet services are competitively priced, making it easier to manage monthly expenses.
Conclusion
In conclusion, Hamilton, AL, provides a balanced cost of living with various affordable options for dining, groceries, and utilities.
While housing and transportation can be more costly, the overall expenses are manageable, making Hamilton a viable option for potential residents.