Housing costs in Gadsden?
A typical home costs
$84,100, which is 75.1% less expensive than the national average of
$338,100 and 60.7% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Gadsden 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 Gadsden?
To live comfortably in Gadsden, Alabama, a minimum annual income of
$16,200 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Gadsden?
The cost of living in Gadsden, AL is quite affordable. The city ranks as one of the most affordable cities in Alabama with a median home price of around $100,000. Rent is also relatively low, with an average two bedroom apartment renting for around $700 per month. Groceries and other basic necessities can be found at a reasonable price as well. Overall, Gadsden offers a great quality of life to its residents without breaking the bank.