Housing costs in Trafford?
A typical home costs
$86,200, which is 74.5% less expensive than the national average of
$338,100 and 59.7% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Trafford costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 6.8% cheaper than the state average of
$940.
Can I afford Trafford?
To live comfortably in Trafford, Alabama, a minimum annual income of
$16,560 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Trafford?
The cost of living in Trafford, AL is relatively low compared to other areas of the country. According to Best Places, the cost of living index is 87.8, which is 13.2 points lower than the national average. This means that goods and services in Trafford are generally less expensive than elsewhere in the US. Housing expenses are especially low in Trafford with a median home value of just $80,300 and monthly rent for a two-bedroom apartment averaging around $650. Food costs are also reasonable with grocery prices about 10% lower than the national average. Overall, Trafford offers a low cost of living that makes it an attractive option for those looking to stretch their budget further while still being able to enjoy all the amenities of city living.