Housing costs in Vance?
A typical home costs
$194,500, which is 42.5% less expensive than the national average of
$338,100 and 9.1% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Vance costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 14.5% more than the state average of
$940.
Can I afford Vance?
To live comfortably in Vance, Alabama, a minimum annual income of
$37,440 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Vance?
The cost of living in Vance, AL is relatively low compared to many other parts of the United States. Housing costs are particularly affordable, with the median price for a home being just over $100,000. The area has a below-average crime rate and an overall low cost of living that make it attractive to families looking for a place to settle down. Other major expenses such as groceries and health care are also lower than the national average, which make Vance an ideal location for many households looking to save money on their monthly bills.