Housing costs in Highland Lakes?
A typical home costs
$544,200, which is 61.0% more expensive than the national average of
$338,100 and 154.3% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Highland Lakes costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 36.1% more than the state average of
$940.
Can I afford Highland Lakes?
To live comfortably in Highland Lakes, Alabama, a minimum annual income of
$104,400 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Highland Lakes?
The cost of living in Highland Lakes, AL is relatively low compared to other cities in the area. The median home value in the city is $122,400, which is approximately 17% below the national average. In addition, the cost of groceries and healthcare are also lower than the national averages. The cost of transportation is comparable to other areas in Alabama. Overall, it is an affordable place for people who are looking to live within their means or save money for retirement.