Housing costs in Walnut Grove?
A typical home costs
$140,200, which is 58.5% less expensive than the national average of
$338,100 and 34.5% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Walnut Grove 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 Walnut Grove?
To live comfortably in Walnut Grove, Alabama, a minimum annual income of
$27,000 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Walnut Grove?
The cost of living in Walnut Grove, AL is very low. The median home price is only around $117,000 which is substantially lower than the national average of around $229,000. Utility costs are also low here and groceries tend to be less expensive than in larger cities. In addition, with an overall tax rate of only 6%, there are plenty of savings for residents looking to live in a rural area while still having easy access to larger cities. All these factors combined make Walnut Grove an ideal place for those looking for a low-cost lifestyle without sacrificing quality amenities.