Housing costs in Selma?
A typical home costs
$82,200, which is 75.7% less expensive than the national average of
$338,100 and 61.6% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Selma costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 19.0% cheaper than the state average of
$940.
Can I afford Selma?
To live comfortably in Selma Alab Metro Area, Alabama, a minimum annual income of
$15,840 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Selma?
The cost of living in the Selma, AL Metro Area is relatively low compared to the national average. The US average Cost of Living is 100, but in Selma it is only 70.1. This lower cost of living means that it's possible to get more bang for your buck when it comes to housing costs, as seen in the House Median Value of $82,200 compared to the US average of $338,100.