Housing costs in Midland City?
A typical home costs
$124,300, which is 63.2% less expensive than the national average of
$338,100 and 41.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Midland City costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 34.3% cheaper than the state average of
$940.
Can I afford Midland City?
To live comfortably in Midland City, Alabama, a minimum annual income of
$23,760 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Midland City?
The cost of living in Midland City, AL is quite low compared to many other cities in the US. The median house price is just under $100,000 and the average rental rate for a two-bedroom apartment is below $800. This makes it an affordable place to live for everyone from young professionals to retirees. Additionally, food and other basic goods are quite inexpensive due to a lack of local competition. All this combined makes Midland City a great place to live if you're looking for an affordable lifestyle with all the modern conveniences.