Housing costs in Decatur?
A typical home costs
$195,600, which is 42.1% less expensive than the national average of
$338,100 and 8.6% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Decatur costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 17.5% cheaper than the state average of
$940.
Can I afford Decatur?
To live comfortably in Decatur Alab Metro Area, Alabama, a minimum annual income of
$37,440 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Decatur?
The cost of living in Decatur, AL Metro Area is 81.7 which is lower than the national average cost of living of 100. This lower cost of living can be seen in the median house value of $195,600 compared to the national average of $338,100, making Decatur an excellent place to purchase a home. The lower cost of living also makes it easier for local residents to afford day-to-day expenses without having to stretch their budget too much.