Housing costs in Enterprise?
A typical home costs
$191,100, which is 43.5% less expensive than the national average of
$338,100 and 10.7% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Enterprise costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 8.0% cheaper than the state average of
$940.
Can I afford Enterprise?
To live comfortably in Enterprise, Alabama, a minimum annual income of
$36,720 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Enterprise?
The cost of living in Enterprise, AL is very affordable. The city has a median household income of $38,577 which is lower than the United States national average. While home prices start at around $100,000 for a single family home, rentals are quite reasonable with the median rent for a two bedroom apartment being just over $700. There is an abundance of amenities and services available to residents including grocery stores, medical care centers, and public transportation. This combined with the low cost of living makes Enterprise an ideal place to live for those on a budget or who want to save money.