Housing costs in Demopolis?
A typical home costs
$151,200, which is 55.3% less expensive than the national average of
$338,100 and 29.3% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Demopolis costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 22.1% cheaper than the state average of
$940.
Can I afford Demopolis?
To live comfortably in Demopolis, Alabama, a minimum annual income of
$28,800 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Demopolis?
Demopolis, AL is known for its low cost of living. With a median home value of less than $100,000 and low housing costs, it is an ideal place to live if you're looking for affordability. The overall cost of living in Demopolis is about 13 percent lower than the U.S. average, making it an attractive city for those on a budget. The main expense categories that contribute to the cost of living in Demopolis include groceries, healthcare, transportation and utilities. Groceries are particularly affordable with prices significantly lower than national averages. Healthcare costs are also very reasonable with access to quality medical facilities at a fraction of the cost when compared to larger cities. Transportation is also inexpensive, as the average commute time by car is around 6 minutes and the average commute costs are only around $2 per mile driven. Lastly, utilities such as electricity and water remain comparable to state averages in Alabama while remaining incredibly affordable when compared nationally.