Housing costs in Coats Bend?
A typical home costs
$121,700, which is 64.0% less expensive than the national average of
$338,100 and 43.1% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Coats Bend 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 Coats Bend?
To live comfortably in Coats Bend, Alabama, a minimum annual income of
$23,400 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Coats Bend?
The cost of living in Coats Bend, AL is relatively low compared to other cities throughout the United States. The overall cost of living index for the city is 83.1, which is 17.9 points below the national average. This means that everyday expenses such as groceries, healthcare, and housing costs are significantly lower than they are in other parts of the country. In addition, Coats Bend’s unemployment rate of just 3.8% makes it an ideal destination for those seeking stable employment opportunities while also living an affordable lifestyle.