Housing costs in Vincent?
A typical home costs
$199,500, which is 41.0% less expensive than the national average of
$338,100 and 6.8% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Vincent costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and close to the state average of
$940.
Can I afford Vincent?
To live comfortably in Vincent, Alabama, a minimum annual income of
$38,160 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Vincent?
The cost of living in Vincent, AL is quite affordable. As of 2019 the median home cost was just over $124,000 according to Zillow and the median rent was only slightly higher at approximately $850 per month. The city's unemployment rate is also below the national average at 5.1%. Overall, households in Vincent can expect to spend less than their counterparts nationwide on basic living expenses such as groceries, transportation, and healthcare. Additionally, many residents benefit from lower tax rates which helps make life more affordable in this small town.