Housing costs in Chatom?
A typical home costs
$140,400, which is 58.5% less expensive than the national average of
$338,100 and 34.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Chatom costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and close to the state average of
$940.
Can I afford Chatom?
To live comfortably in Chatom, Alabama, a minimum annual income of
$27,000 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Chatom?
The cost of living in Chatom, AL is quite reasonable. It is estimated that a person could live comfortably on around $35,000 per year. The cost of housing is relatively low compared to other areas of the state and country, with an average home costing around $132,000. Groceries and other necessities can be purchased at reasonable prices. Additionally, the city offers a variety of convenient amenities such as banks, restaurants, and stores. All these factors make Chatom an attractive option for people looking for a place to call home in Alabama.