Although the average monthly expenses for Alabama households are almost 56% lower than the national average, the state ranks in the top 10 states for most expensive utility bills, according to a new report from www.doxo.com.
Alabamians pay an average of $387/month for utilities (electric, water/sewer, gas), $36 more per month than the national average.
The study indicates Russellville residents pay an average of $1,315/month for household bills, almost 38% of their incomes. But that's well below the national average of $2,046 and 37% lower than the state average of $1,772.
A 2022 energy study showed Russellville Electric Board customers pay the fifth-highest kilowatt hour for electricity among the Tennessee Valley Authority's 24 Alabama power suppliers.
Even with a top-five most expensive rate for electricity, the 2023 U.S. Bill Pay Market Size & Category Breakout Report finds Russellville to be the 77th most expensive city in Alabama for household bills.
While Alabama made the top 10 of highest utility bill state averages, residents pay some of the lowest monthly rates for home mortgages (48th of 50 states), rent (43rd), auto insurance (49th) and health insurance (40th).
The study included data from 4,000 cities across the country about total amount spent on bills each month. That amount is broken down into 10 different categories.
Monthly averages for Russellville residents for specific ongoing expenses include:
--Mortgage $769.
--Rent $580.
--Auto Loans $360.
--Health Insurance $96.
--Auto Insurance $174.
--Cable/Internet $100.
--Cell Phone $77.
--Alarm & Security $75.
--Life Insurance $72.
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