Housing costs in Rainsville?
A typical home costs
$200,300, which is 40.8% less expensive than the national average of
$338,100 and 6.4% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Rainsville 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 Rainsville?
To live comfortably in Rainsville, Alabama, a minimum annual income of
$38,520 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Rainsville?
The cost of living in Rainsville, AL is quite affordable. According to a recent report, the overall cost of living index in Rainsville is 80.2, which is lower than the US average of 100. This makes it an ideal place for those looking for an affordable place to live. The median home price in Rainsville is around $103,000, and rental prices are extremely reasonable for the area. Groceries, transportation, and healthcare tend to be inexpensive as well. All in all, Rainsville offers its residents a great quality of life at an excellent price point.