Housing costs in Geraldine?
A typical home costs
$161,300, which is 52.3% less expensive than the national average of
$338,100 and 24.6% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Geraldine costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 32.4% cheaper than the state average of
$940.
Can I afford Geraldine?
To live comfortably in Geraldine, Alabama, a minimum annual income of
$30,960 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Geraldine?
Geraldine, AL is a small town with a population of only about 500 people. The cost of living in Geraldine is relatively low compared to other towns and cities in the area. The average cost of living index for Alabama as a whole is 88.7, while it sits at only 71.3 in Geraldine. This means that various expenses like groceries, healthcare, transportation, and housing are all much cheaper in Geraldine than the state average. For those looking for an affordable place to live without sacrificing basic amenities or access to nearby cities, Geraldine can be a great option.