Housing costs in Lakeview?
A typical home costs
$130,200, which is 61.5% less expensive than the national average of
$338,100 and 39.2% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Lakeview costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 27.0% cheaper than the state average of
$940.
Can I afford Lakeview?
To live comfortably in Lakeview, Alabama, a minimum annual income of
$24,840 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Lakeview?
The cost of living in Lakeview, AL is relatively low compared to the national average. The cost of housing is especially reasonable, with an average home price of about $121,200. Rent prices are also low, ranging from approximately $721 to $1205 depending on the size of the apartment. Groceries and other basic necessities tend to be more affordable than in bigger cities, while dining out can be a bit pricier than average. Gas prices are close to the national average. All in all, Lakeview makes for an economical place to call home.