Housing costs in Lake View?
A typical home costs
$268,800, which is 20.5% less expensive than the national average of
$338,100 and 25.6% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Lake View costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and close to the state average of
$940.
Can I afford Lake View?
To live comfortably in Lake View, Alabama, a minimum annual income of
$51,480 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Lake View?
The cost of living in Lake View, AL is relatively low compared to other areas in the United States. The median home cost is $84,800 and the median rent is $719 per month. The price of goods and services is also lower than the national average, making it an ideal place for people looking to save money. Additionally, utilities are fairly affordable due to the mild climate and lack of extreme weather in the area. All this makes Lake View an attractive option for those looking for a more affordable place to live.