Housing costs in Sumiton?
A typical home costs
$168,000, which is 50.3% less expensive than the national average of
$338,100 and 21.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Sumiton costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 7.8% more than the state average of
$940.
Can I afford Sumiton?
To live comfortably in Sumiton, Alabama, a minimum annual income of
$32,040 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Sumiton?
The cost of living in Sumiton, AL is quite reasonable. According to BestPlaces, the city has a cost of living index of 87 which is 13% lower than the national average. This means that goods and services are much more affordable here than in other parts of the country. With a median household income of $42,607, residents have plenty of spending power for their daily needs and wants. The median home value is also just $102,000 which makes it easy for people to purchase or rent a home without having to break the bank. All these factors contribute to an overall low cost of living in Sumiton, AL that makes it an attractive place to live.