Housing costs in Vernon?
A typical home costs
$112,900, which is 66.6% less expensive than the national average of
$338,100 and 47.2% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Vernon costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 40.3% cheaper than the state average of
$940.
Can I afford Vernon?
To live comfortably in Vernon, Alabama, a minimum annual income of
$21,600 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Vernon?
The cost of living in Vernon, AL is relatively low compared to other areas in the United States. The median household income in Vernon is $25,732 and the median home value is $84,700. Renters can find reasonable rates for homes ranging from $500 per month for a two-bedroom house up to $900 for a four-bedroom house. Groceries are also very affordable here, with prices comparable to those seen in larger cities. Overall, Vernon is an affordable place to live for individuals and families alike.