Housing costs in Grimes?
A typical home costs
$96,400, which is 71.5% less expensive than the national average of
$338,100 and 55.0% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Grimes costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$940.
Can I afford Grimes?
To live comfortably in Grimes, Alabama, a minimum annual income of
$18,360 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Grimes?
Grimes, AL is known to be a relatively affordable place to live. The cost of living is generally lower than the national average, with groceries, health care and housing all costing less than in other parts of the country. This makes Grimes an ideal destination for those looking to stretch their budget a bit further. The cost of utilities such as electricity and gas are also quite reasonable, making it easy to maintain a comfortable lifestyle without breaking the bank. In addition, there are no state income taxes in Alabama, which further helps to keep costs down for residents.