Housing costs in Elkmont?
A typical home costs
$220,300, which is 34.8% less expensive than the national average of
$338,100 and 2.9% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Elkmont costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 4.1% more than the state average of
$940.
Can I afford Elkmont?
To live comfortably in Elkmont, Alabama, a minimum annual income of
$42,120 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Elkmont?
The cost of living in Elkmont, AL is relatively low compared to many other areas. Housing costs are particularly affordable, with the average home price being substantially lower than the national average. Groceries and transportation costs are also quite reasonable, allowing residents to keep their expenses down. Of course, this varies depending on one's lifestyle and needs; however, overall Elkmont offers an affordable and comfortable quality of life for its citizens.