Housing costs in Columbia?
A typical home costs
$125,700, which is 62.8% less expensive than the national average of
$338,100 and 41.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Columbia costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 6.8% cheaper than the state average of
$940.
Can I afford Columbia?
To live comfortably in Columbia, Alabama, a minimum annual income of
$24,120 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Columbia?
The cost of living in Columbia, AL is quite affordable. Grocery and housing prices are both below national averages, making it an especially attractive place to live for those on a budget. The median home value is around $114,000, which is much lower than the national median home value of $183,000. Utilities are also relatively low compared to other parts of the country. Overall, Columbia is an economically friendly area for people looking for an affordable place to settle down.