Housing costs in McDonald Chapel?
A typical home costs
$64,800, which is 80.8% less expensive than the national average of
$338,100 and 69.7% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in McDonald Chapel costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and close to the state average of
$940.
Can I afford McDonald Chapel?
To live comfortably in McDonald Chapel, Alabama, a minimum annual income of
$12,240 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about McDonald Chapel?
Living in McDonald Chapel, AL is relatively affordable compared to other cities. The cost of living index is around 89, which is 11% lower than the average in the United States. Housing prices are also lower than average as the median home price is around $144,000. Additionally, the median household income is slightly above the national average at $48,177. Overall, McDonald Chapel offers an affordable cost of living with reasonable housing prices and salaries that make it a great place to live.