Housing costs in Cherokee?
A typical home costs
$108,400, which is 67.9% less expensive than the national average of
$338,100 and 49.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Cherokee costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 11.9% cheaper than the state average of
$940.
Can I afford Cherokee?
To live comfortably in Cherokee, Alabama, a minimum annual income of
$20,880 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Cherokee?
The cost of living in Cherokee, AL is quite affordable compared to other parts of the country. The median home cost in Cherokee is around $95,000, which is significantly lower than the US average of $200,000. Renting can also be cheaper than average with a one bedroom apartment having an average rent of around $600 per month. Groceries are generally cheaper than the national average and gas prices are usually below the national average as well. Overall, living in Cherokee is much more affordable than many other cities, making it a great place to live for those looking to save money while still enjoying all the benefits of small town life.