Housing costs in Steele?
A typical home costs
$188,500, which is 44.2% less expensive than the national average of
$338,100 and 11.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Steele costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 13.3% cheaper than the state average of
$940.
Can I afford Steele?
To live comfortably in Steele, Alabama, a minimum annual income of
$36,000 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Steele?
The cost of living in Steele, AL is quite reasonable, with the median household income being just over $37,000. Groceries and other necessities are generally affordable, while housing prices remain low for the area. The median home value in Steele is just under $98,000, making it an ideal location for those looking to purchase property in a rural setting. Property taxes are also relatively low compared to other parts of Alabama, making this an attractive option for retirees or those looking to save money on their monthly bills.